This indicator displays Iconik MACD bullish crosses (crossing above the 0-line) and bearish crosses (crossing below the 0-line) for 4 higher time frames. This provides a nice confirmation of time frames for a prevailing trend.
DM for a PowerPoint describing this indicator and the rest of Iconik in detail.
Iconik Trading Suite Indicator List: ITS-OSC: Oscillators (v2) ITS-PAA: Price Action Alerts (v2) ITS-ASR: Auto Support/Resistance -> Daily (v2) -> 3 Day (v2) -> Weekly (v2) ITS-4TFC: 4 Time Frame Confirmation (v1) ITS-DIV: Divergence Seeker (v1)