INVITE-ONLY SCRIPT

Market Direction 1

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Market Direction 1 is a multi-timeframe bias-mapping tool designed to display the current and previous daily directional conditions directly on intraday charts. The script compares the relationship between recent highs, lows, opens, and closes to determine whether the market is showing a bullish bias, bearish bias, or consolidation relative to prior daily ranges.

The indicator plots levels based on the detected bias and allows full customization of color, style, extension, and history depth for bullish, bearish, and consolidation conditions. It can optionally display a compact on-chart table summarizing both the Daily bias and the bias of the active timeframe when applicable.

This tool assists with visual market-state recognition and provides a structured view of directional context. It does not generate trading signals or suggest trading decisions.

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.