Multi Timeframe Signal Dashboard with Confidence
- Utilities
-
Stefan Helmut Domdey
Hi there,
my name is Stefan, I am an engineer in IT and working on trading in my free time. To make educated decision while trading, I am always challenging methods and try to find ways to chase the trend. - Version: 1.1
- Updated: 13 May 2025
- Activations: 5
Description:
This powerful script provides traders with a comprehensive, real-time signal overview across multiple timeframes using some of the most trusted technical indicators. Designed as a clean, compact on-chart table, it displays actionable insights for 9 timeframes — from M5 to D1 — helping traders make well-informed decisions based on momentum, trend strength, and market conditions.
How it works:
For each timeframe (M5, M10, M15, M30, H1, H2, H4, H8, D1), the script calculates technical signals using the following indicators:
• EMA (Exponential Moving Averages 9 & 21): Determines trend direction and strength.
• MACD (12/26/9): Detects momentum shifts and potential reversals.
• Stochastic Oscillator (14/3/3): Highlights overbought/oversold conditions and crossover signals.
• RSI (14): Identifies bullish or bearish pressure in extreme zones (30/70).
• ADX (14): Assesses overall trend strength (Weak or Strong).
Each indicator returns a signal like:
• Strong Buy, Weak Buy, No Signal, Weak Sell, or Strong Sell
• …or Buy (bullish) / Sell (bearish) for RSI.
These individual signals are then aggregated into a Summary column per timeframe, showing the combined directional bias (Buy, Sell, or No Signal) and a confidence percentage based on the number and strength of active signals. ADX is used as a multiplier to weight stronger trends higher.
Key Features:
• Real-time auto-updating (interval can be adjusted)
• Color-coded signal matrix for fast decision-making
• Visual confidence bars showing short-term and overall outlooks
• Signal change highlighting (optional)
• Separate scoring for short-term timeframes (up to H1) and overall long-term view
Visual Elements:
• Horizontal progress bars represent the total Buy/Sell strength in both short-term and long-term outlooks, colored dynamically:
o Green = Bullish dominance
o Red = Bearish dominance
o Yellow = Neutral/No clear direction
Use Cases:
• Ideal for scalpers, swing traders, and trend followers
• Helps align multiple timeframe signals before entries
• Visual aid to avoid trading against higher timeframe pressure
How to Use:
1. Attach the script to any chart.
2. Let it run; the signal table will appear instantly.
3. Watch for alignment across multiple indicators and timeframes for stronger confidence.
4. Use the short-term and total outlook bars to time entries or avoid high-risk trades.
