MTF 200 SMA

Multi-Timeframe (MTF) 200 SMA: Your Universal Trend Guide

Tired of switching timeframes just to check the major moving averages?

The MTF 200 SMA indicator is a powerful, customizable tool designed to give you a clear, comprehensive view of the trend across multiple timeframes, all on a single chart. It's built on Pine Script v6 for stability and performance.

Key Features:

9 MTF Lines: Simultaneously plot the 200 Simple Moving Average (SMA) for 30m, 1h, 2h, 3h, 4h, 6h, 8h, Daily, and Weekly charts. Understand the overall market structure at a glance.

Single-Click Toggle: Use the 'Current Chart TF Only' checkbox to instantly switch from the crowded MTF view to showing only the standard 200 SMA for your current chart resolution. Perfect for focusing on immediate price action.

Dynamic Highlighting: The 'Highlight Current Chart TF' option (default ON) emphasizes the SMA corresponding to your current chart, making it stand out with a bright Aqua color and a thicker line when in MTF mode.

Full Customization: Easily adjust the SMA Length and the MTF SMA Line Color directly in the indicator settings.

How to Use It:

Trend Confirmation: When all MTF lines (especially the Daily and Weekly) are aligned and moving in the same direction, it provides high-confidence trend confirmation.

Dynamic S/R: The MTF SMAs often act as strong dynamic Support and Resistance levels, even when viewing a lower timeframe like the 5-minute chart.

Clean Analysis: Use the 'Current Chart TF Only' option when you need to declutter your chart and focus on the primary trend of your active trading session.

Elevate your trend analysis today with the MTF 200 SMA!