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MTF Trend Alignment
MTF Trend Alignment analyzes four timeframes simultaneously – the current chart and three configurable higher timeframes (default: 1H, 4H, Daily). For each timeframe, supertrend direction, trend strength and volatility regime are calculated. An overall alignment score (0-100) summarizes how well all timeframes point in one direction. Confluence from multiple aligned timeframes generates entry quality signals indicating high probability setups.
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Features
Usage: Open the Pine Editor on TradingView, copy the code from the GitHub repository and paste it.
This script is an idea for developing your own Pine Script indicators. It does not constitute investment advice and serves exclusively as technical learning material. Use at your own risk.
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