MTRA Pro+ Screener

MTRA Pro+ Screener an analysis tool that provides traders with critical market structure information on up to 10 instruments simultaneously. This indicator consolidates momentum direction, trend analysis, range relationships, and volatility metrics into a single dashboard.

## Key Features

- Customizable display with adjustable positioning, colors, and sizing

**Momentum & Trend Tracking**
- Real-time momentum direction via 5-period SMA slope analysis
- Short-term trend direction using 10-period SMA slope analysis
- Color-coded visual representation for quick interpretation

**Range Relationship Analysis**
- Current bar analysis relative to previous period (Inside, Outside, 2Up, 2Dn)
- Three-period historical view of recent price action patterns
- Immediate identification of breakout and consolidation scenarios

**ATR-Based Volatility Analysis**
- Real-time ATR percentage calculations showing current range vs. average
- Visual distinction between normal (<100% ATR) and extended (>100% ATR) conditions
- Identification of potential exhaustion zones for risk management

**Intraday ATR Levels**
- Dynamic support/resistance levels based on current timeframe ATR
- Real-time upper and lower boundaries for precise entries/exits
- Customizable line styles integrated with price scale

## Practical Applications

- **Context Assessment**: Quickly gauge market conditions across multiple intraday timeframes
- **Exhaustion Detection**: Identify overextended moves when ATR exceeds 100%
- **Confluence Analysis**: Spot potential setups when timeframes align
- **Risk Management**: Some traders will use ATR levels for dynamic stops and position sizing
- **Breakout Confirmation**: Distinguish false breakouts from genuine momentum shifts

## Configuration Options

- Full dashboard positioning and color customization
- Individual timeframe toggles
- Adjustable ATR periods and sensitivity thresholds
- Multiple line styles for level visualization