OPEN-SOURCE SCRIPT
MTF Moving Averages [ST]
**MTF Moving Averages [ST]** is a professional Multi-Timeframe (MTF) indicator designed to plot Daily and Weekly trend lines directly on intraday charts (e.g., 5m, 15m, 1H).
This tool solves the common problem of losing "big picture" context while day trading. It allows you to see exactly where the Daily 20 EMA or Weekly 200 SMA sits without ever switching timeframes.
### 🛠 Key Features
1. **Stepline Accuracy (The "Step" Style):**
* Unlike standard MTF indicators that smooth out lines (creating a repainting illusion), this tool uses a **Stepline** visualization by default.
* **Why it matters:** It shows exactly what the Daily/Weekly value was *at that specific moment in time*. If the line is flat, the higher timeframe bar hasn't closed yet. This offers zero lag and true historical accuracy.
2. **Ultra-Clean Interface:**
* **Status Line Hidden:** We have removed the cluttered list of values (often shown as "Ø Ø Ø") from the chart header. The title remains strictly `MTF MAs [ST]`.
* **Data Window:** Exact values are fully accessible via the Data Window or by hovering over the lines.
3. **Dual Groups (D & W):**
* **Daily Group:** EMA 9, EMA 20, SMA 50, SMA 200.
* **Weekly Group:** EMA 9, EMA 20, SMA 50, SMA 200.
* *Note:* By default, only the **Daily 9, 20, and 50** are enabled to keep the chart clean. The SMA 200 and Weekly lines can be enabled in the settings.
### 📚 How to Use
* **Trend Filter:** Use the **Daily EMA 20 (Orange)** as your primary "Line in the Sand". If the intraday price is holding above the Daily 20, the macro trend is bullish.
* **Major Reversals:** The **SMA 200 (Red)** on Daily/Weekly frames acts as major institutional support/resistance. These are high-probability areas for bounces or rejections.
* **Confluence:** Watch for intraday setups (like flags or wedges) that form right on top of a Daily "Step". These setups have higher success rates due to higher timeframe alignment.
### ⚙️ Standardization [ST]
* Part of the [ST] suite.
* English-native codebase and settings.
* Optimized using `barmerge.gaps_off` for seamless data connectivity.
---
*Disclaimer: This tool is for educational purposes and technical analysis assistance only. Always manage your risk.*
This tool solves the common problem of losing "big picture" context while day trading. It allows you to see exactly where the Daily 20 EMA or Weekly 200 SMA sits without ever switching timeframes.
### 🛠 Key Features
1. **Stepline Accuracy (The "Step" Style):**
* Unlike standard MTF indicators that smooth out lines (creating a repainting illusion), this tool uses a **Stepline** visualization by default.
* **Why it matters:** It shows exactly what the Daily/Weekly value was *at that specific moment in time*. If the line is flat, the higher timeframe bar hasn't closed yet. This offers zero lag and true historical accuracy.
2. **Ultra-Clean Interface:**
* **Status Line Hidden:** We have removed the cluttered list of values (often shown as "Ø Ø Ø") from the chart header. The title remains strictly `MTF MAs [ST]`.
* **Data Window:** Exact values are fully accessible via the Data Window or by hovering over the lines.
3. **Dual Groups (D & W):**
* **Daily Group:** EMA 9, EMA 20, SMA 50, SMA 200.
* **Weekly Group:** EMA 9, EMA 20, SMA 50, SMA 200.
* *Note:* By default, only the **Daily 9, 20, and 50** are enabled to keep the chart clean. The SMA 200 and Weekly lines can be enabled in the settings.
### 📚 How to Use
* **Trend Filter:** Use the **Daily EMA 20 (Orange)** as your primary "Line in the Sand". If the intraday price is holding above the Daily 20, the macro trend is bullish.
* **Major Reversals:** The **SMA 200 (Red)** on Daily/Weekly frames acts as major institutional support/resistance. These are high-probability areas for bounces or rejections.
* **Confluence:** Watch for intraday setups (like flags or wedges) that form right on top of a Daily "Step". These setups have higher success rates due to higher timeframe alignment.
### ⚙️ Standardization [ST]
* Part of the [ST] suite.
* English-native codebase and settings.
* Optimized using `barmerge.gaps_off` for seamless data connectivity.
---
*Disclaimer: This tool is for educational purposes and technical analysis assistance only. Always manage your risk.*
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.