Ghost Channels fits dynamic parallel trend channels over a configurable lookback window using linear regression or pivot swing methods. It layers confirmation signals onto the channel geometry, detecting candlestick pattern reactions at the rails, volume-confi
Indicator · Pine Script v5 · On the chart
MTF OTF Close Filter
MTF OTF Close Filter calculates multi-timeframe breakout or continuation states by comparing each timeframe's current close to the highest and lowest closes over the prior N bars.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code237
Settings14inputs
LicenceNone stated
Last update5 weeks ago23 Sep 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
MTF OTF Close Filter plots a six-cell status table at the bottom right of the chart showing UP, DOWN, or Neutral states for 1m, 2m, 5m, 30m, 60m, and 120m timeframes. An optional semi-transparent background tint overlays the price chart based on overall alignment across all timeframes. Mode 0 and 1 produce strict or lenient breakout signals while Mode 2 carries the prior state forward once established, avoiding neutral after the first breakout. Main settings adjust lookback periods for low, high, and chart timeframes plus the mode selection.
- Multi-timeframe close filter
- OTF breakout states
- Status bar dashboard
- Stateful mode
- Chart tint background
Details
Published by
flaviusapop on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Mode (0 Breakout · 1 Continuation · 2 Stateful) | int | 2 | mode |
| N lookback · 1m / 2m / 5m | int | 3 | n_ltf |
| N lookback · 30m / 60m / 120m | int | 5 | n_htf |
| N lookback · chart interval (background only) | int | 3 | n_chart |
| Balance bars · consecutive inside closes | int | 3 | bal_bars |
| Table position | string | Bottom Right | tbl_pos_str |
| Text size | string | Small | txt_sz_str |
| Show transparent background tint | bool | true | show_bg |
| Tint transparency (0 = opaque · 100 = invisible) | int | 88 | bg_transp |
| UP | color | color.new(#00C850, 0) | c_up |
| DOWN | color | color.new(#C83232, 0) | c_dn |
| Neutral | color | color.new(#5A5A5A, 0) | c_neut |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Status bar background | color | color.new(#121212, 75) | c_bg |
| Label text | color | color.white | c_txt |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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