EXPERIMENTAL:
Improved Version :P.
Improved Version :P.
//@version=2 study(title='[RS]Market Fractility Flow Oscillator V1', shorttitle='MFFo', overlay=false) tf00 = input(title='Timeframe 00:', type=string, defval='D', confirm=false) tf01 = input(title='Timeframe 01:', type=string, defval='720', confirm=false) tf02 = input(title='Timeframe 02:', type=string, defval='360', confirm=false) tf03 = input(title='Timeframe 03:', type=string, defval='240', confirm=false) tf04 = input(title='Timeframe 04:', type=string, defval='60', confirm=false) tf05 = input(title='Timeframe 05:', type=string, defval='30', confirm=false) f_query_sec(_tf)=>security(tickerid, _tf, open) q00 = close >= f_query_sec(tf00) ? 32 : -32 q01 = close >= f_query_sec(tf01) ? 16 : -16 q02 = close >= f_query_sec(tf02) ? 8 : -8 q03 = close >= f_query_sec(tf03) ? 4 : -4 q04 = close >= f_query_sec(tf04) ? 2 : -2 q05 = close >= f_query_sec(tf05) ? 1 : -1 power = q00 + q01 + q02 + q03 + q04 + q05 // ||--> // || General Market direction: isbull = power > 48 isbullretrace = q00 < 0 and power > -48 isbear = power < -48 isbearretrace = q00 > 0 and power < 48 // || plot(title='0', series=1, style=columns, color=isbull?green:isbear?maroon:isbullretrace?lime:isbearretrace?red:gray, histbase=0) plot(title='1', series=2, style=columns, color=isbull and q01 > 0?green:isbear and q01 < 0?maroon:isbullretrace and q01 > 0 ?lime:isbearretrace and q01 < 0 ? red:gray, histbase=1) plot(title='2', series=3, style=columns, color=isbull and q02 > 0?green:isbear and q02 > 0?maroon:isbullretrace and q02 > 0 ?lime:isbearretrace and q02 < 0 ? red:gray, histbase=2) plot(title='3', series=4, style=columns, color=isbull and q03 > 0?green:isbear and q03 > 0?maroon:isbullretrace and q03 > 0 ?lime:isbearretrace and q03 < 0 ? red:gray, histbase=3) plot(title='4', series=5, style=columns, color=isbull and q04 > 0?green:isbear and q04 > 0?maroon:isbullretrace and q04 > 0 ?lime:isbearretrace and q04 < 0 ? red:gray, histbase=4) plot(title='5', series=6, style=columns, color=isbull and q05 > 0?green:isbear and q05 > 0?maroon:isbullretrace and q05 > 0 ?lime:isbearretrace and q05 < 0 ? red:gray, histbase=5)