OPEN-SOURCE SCRIPT

[w3ss1] Timeframe Sync

The "Timeframe Sync" indicator provides a comprehensive view of price action across multiple timeframes for a single symbol, allowing traders to analyze market conditions from a multi-timeframe perspective with ease.

Key Features:
  1. Flexible Symbol Selection: Choose between analyzing the symbol of the current chart or select another symbol to monitor.

  2. Customizable Timeframes: Control which timeframes you want to analyze through toggle switches. Choose from 11 different timeframes ranging from 1-minute to Monthly charts, with the ability to customize each one:
    1m, 5m, 15m, 30m, 1H, 4H, 8H, 12H, 1D, 1W, 1M

  3. Visual Feedback:
    -Candle Close Color: Each timeframe's last closed candle is color-coded. Bullish closes are highlighted in green, bearish in dark shades, and inside candles in orange.
    -Bias Indicator: The indicator shows whether the close is "above", "below", or "inside" the previous candle's high/low range, providing insight into the market's momentum.

  4. Table Display: Information is presented in a clear table format:
    -The first row shows the symbol being analyzed.
    -The second row displays "Candle close" to indicate the relevance of the information below.
    -Each subsequent row represents a different timeframe, showing its abbreviation and the bias of the last close.

  5. Conditional Display: Timeframes are only shown if they are relevant to the current chart's timeframe. This ensures that you're not looking at outdated data when on lower timeframes.

  6. Customization:
    -Adjust text size, table position, background color, text color, and colors for different candle close scenarios.


Usage:

Ideal for traders who need a quick multi-timeframe analysis without switching charts.
Helps in confirming short-term moves with longer-term trends or spotting divergences across timeframes.


Instructions:
Add the indicator to your chart.
Customize the timeframes you wish to monitor via the toggle switches.
Optionally, select a different symbol if not analyzing the current chart's symbol.
Adjust colors and table settings to your preference.
Observe how price action behaves across different timeframes to make informed trading decisions.
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