OPEN-SOURCE SCRIPT
TRI - Multi-Timeframe BIAS
TRI - MULTI-TIMEFRAME BIAS INDICATOR
DESCRIPTION:
Advanced multi-timeframe bias indicator that analyzes market sentiment across
5 different timeframes (15m, 1h, 4h, 1d, 1w) using adaptive technical analysis.
Provides clear directional bias signals to help determine market momentum.
KEY FEATURES:
TIMEFRAME ANALYSIS:
BIAS SIGNALS:
STRONG BULLISH/BEARISH: Score ≥ 0.5 - Very strong directional momentum
BULLISH/BEARISH: Score ≥ 0.25 - Clear directional signals
WEAK BULLISH/BEARISH: Score ≥ 0.1 - Mild directional bias
NEUTRAL: Score < 0.1 - No clear directional preference
ALERTS:
USAGE:
TECHNICAL COMPONENTS:
DESCRIPTION:
Advanced multi-timeframe bias indicator that analyzes market sentiment across
5 different timeframes (15m, 1h, 4h, 1d, 1w) using adaptive technical analysis.
Provides clear directional bias signals to help determine market momentum.
KEY FEATURES:
- ADAPTIVE PARAMETERS: Uses different EMA lengths and weights for each timeframe
- EMA TREND ANALYSIS: Fast/slow EMA crossovers with slope analysis for momentum
- RSI MOMENTUM: Adaptive overbought/oversold levels based on timeframe
- ADX STRENGTH: Directional movement confirmation with DI+/DI- analysis
- COMPOSITE SCORING: Weighted combination of trend, momentum, and strength
TIMEFRAME ANALYSIS:
- 15m: EMA9/21 + High momentum weight (45%) - Ultra-responsive for scalping
- 1h: EMA21/50 + Medium momentum weight (35%) - Balanced for day trading
- 4h: EMA50/200 + Lower momentum weight (25%) - Swing trading focus
- 1d: EMA50/200 + Trend focused (55%) - Position trading signals
- 1w: EMA50/200 + Maximum trend weight (60%) - Long-term bias
BIAS SIGNALS:
STRONG BULLISH/BEARISH: Score ≥ 0.5 - Very strong directional momentum
BULLISH/BEARISH: Score ≥ 0.25 - Clear directional signals
WEAK BULLISH/BEARISH: Score ≥ 0.1 - Mild directional bias
NEUTRAL: Score < 0.1 - No clear directional preference
ALERTS:
- Major Bullish/Bearish: When 4H and 1D timeframes align
- High confidence signals for strategic decision making
USAGE:
- Higher timeframes (1d, 1w) show primary market direction
- Lower timeframes (15m, 1h) provide entry timing
- Look for alignment across multiple timeframes for stronger signals
- Use confidence levels to assess signal reliability
TECHNICAL COMPONENTS:
- Exponential Moving Averages (EMA) for responsive trend detection
- Relative Strength Index (RSI) for momentum analysis
- Average Directional Index (ADX) with DI+/DI- for trend strength
- Volume ratio confirmation for signal validation
- Adaptive thresholds optimized for each timeframe's characteristics
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.