This indicator calculates a modified MACD oscillator and signal line alongside a trend EMA filter, plotting the output as a stylized column histogram in a separate pane. Instead of plotting true MACD distance, it quantifies positive and negative histogram mome
Indicator · Pine Script v6 · Own pane
Multi-Timeframe Trend Alignment
This indicator calculates and plots trend direction across four customizable timeframes in a separate pane.
GitHub stars218on the repository
Pine versionv6current
Lines of code80
Settings9inputs
LicenceNone stated
Last update3 months ago23 Jul 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
Multi-Timeframe Trend Alignment evaluates whether the close is above or below a moving average for each timeframe, assigning directional values that sum into an aggregate alignment score between -4 and 4. Main settings control the moving average type, length, timeframes, and plot colors. Higher timeframe security requests use disabled lookahead, though values can still fluctuate on unconfirmed bars.
- Multi-timeframe trend alignment score
- Configurable moving average types
- Four customizable timeframe inputs
- Color-coded trend direction plots
Details
Published by
TradersPost on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Trend, Moving averages
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 |
|---|---|---|---|
| Moving Average Type | string | EMA | ma_type |
| MA Length | int | 20 | ma_length |
| Timeframe 1 | timeframe | 15 | tf1 |
| Timeframe 2 | timeframe | 1H | tf2 |
| Timeframe 3 | timeframe | 4H | tf3 |
| Timeframe 4 | timeframe | 1D | tf4 |
| Bullish Color | color | color.green | bull_color |
| Bearish Color | color | color.red | bear_color |
| Neutral Color | color | color.gray | neutral_color |
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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