Multi-Indicator/Multi-Timeframe Panel | Agora Algo
We strongly believe in order to be a profitable trader you need to understand what is happening on multiple timeframes, not just the timeframe you are trading on. We put together this script to help traders fix that problem and make multi-timeframe analysis as simple as a small "Panel" that you can glimpse at as well as customize. Too often we see traders focusing only on lower or singular timeframes resulting in opening positions at overbought/oversold areas or against the long-term trend. Hopefully with this approach we can help encourage all traders to take the initiative and responsibility to really do that multi-timeframe analysis.
The way it works is very simple but very useful. By default the script is looking for the direction of trend on all timeframes and sending that data to the "Panel". You as the user have the ability to change what the script/"Panel" will look for. Other available analysis methods are detecting RSI oversold and RSI overbought conditions on all of the timeframes as well as detecting Bollinger oversold and overbought conditions on all of the timeframes. You as the user also have the ability to customize all kinds of variables so that you are able to find what best suits your trading style.
Customizable options/variables:
MA Calculation Type
Fast/Short MA Length
Slow/Long MA Length
RSI Length
Bollinger Bands Length
Bollinger Bands Standard Deviation
Reference Manual/Documentation:
For Trend Detection the emoji ⏫ means UPTREND
For RSI Detection the emoji ⏫ means OVERBOUGHT
For Bollinger Detection the emoji ⏫ means OVERBOUGHT
For Trend Detection the emoji ⏬ means DOWNTREND
For RSI Detection the emoji ⏬ means OVERSOLD
For Bollinger Detection the emoji ⏬ means OVERSOLD
The 🔲 emoji means that neither of the above conditions are TRUE which usually when only happen when using RSI or Bollinger Mode.
The 🔲 emoji will also mask any timeframe lower than the timeframe you are currently viewing on the chart. Because security functions are used in this script/indicator we have taken the necessary precautions to follow
Tradingview/Pinescript best practices. With that being said best practices advise not to pull data from lower timeframes as security functions were initially intended for pulling higher timeframe data. Best practices tell us
there is a good chance of data loss when attempting to pull data from lower timeframes so we have removed the ability/chance of that happening.
Bonus Customizations:
You as the user also have the ability to enable a shortened version of the reference manual onto the "Panel" by enabling the option in the settings. If you need to get a quick idea of what the terminology stands for you could
check there and it will be defined for you.
We hope you enjoy what we have created and would appreciate any feedback! Remember guys, RISK MANAGEMENT and DO YOUR MULTI-TIMEFRAME ANALYSIS! Cheers!
The way it works is very simple but very useful. By default the script is looking for the direction of trend on all timeframes and sending that data to the "Panel". You as the user have the ability to change what the script/"Panel" will look for. Other available analysis methods are detecting RSI oversold and RSI overbought conditions on all of the timeframes as well as detecting Bollinger oversold and overbought conditions on all of the timeframes. You as the user also have the ability to customize all kinds of variables so that you are able to find what best suits your trading style.
Customizable options/variables:
MA Calculation Type
Fast/Short MA Length
Slow/Long MA Length
RSI Length
Bollinger Bands Length
Bollinger Bands Standard Deviation
Reference Manual/Documentation:
For Trend Detection the emoji ⏫ means UPTREND
For RSI Detection the emoji ⏫ means OVERBOUGHT
For Bollinger Detection the emoji ⏫ means OVERBOUGHT
For Trend Detection the emoji ⏬ means DOWNTREND
For RSI Detection the emoji ⏬ means OVERSOLD
For Bollinger Detection the emoji ⏬ means OVERSOLD
The 🔲 emoji means that neither of the above conditions are TRUE which usually when only happen when using RSI or Bollinger Mode.
The 🔲 emoji will also mask any timeframe lower than the timeframe you are currently viewing on the chart. Because security functions are used in this script/indicator we have taken the necessary precautions to follow
Tradingview/Pinescript best practices. With that being said best practices advise not to pull data from lower timeframes as security functions were initially intended for pulling higher timeframe data. Best practices tell us
there is a good chance of data loss when attempting to pull data from lower timeframes so we have removed the ability/chance of that happening.
Bonus Customizations:
You as the user also have the ability to enable a shortened version of the reference manual onto the "Panel" by enabling the option in the settings. If you need to get a quick idea of what the terminology stands for you could
check there and it will be defined for you.
We hope you enjoy what we have created and would appreciate any feedback! Remember guys, RISK MANAGEMENT and DO YOUR MULTI-TIMEFRAME ANALYSIS! Cheers!
Notes de version:
Fixed Distance
Notes de version:
added distance option
Notes de version:
New Emoji Option
Notes de version:
Added New Emoji Type For Visuals
Notes de version:
Changed Picture