Multi-Timeframe Moving-Average Agreement for Macro Trend Bias
Summary
This indicator estimates directional bias by comparing fast and slow moving averages on three timeframes. Each timeframe contributes a bullish, bearish, or neutral reading, which are summed into a score from -3 to +3. The example defaults to H4, daily, and weekly charts, and lets users choose among four moving-average methods and adjust periods. A dashboard displays the individual readings and combined bias. The histogram reports only the current reading rather than projecting it across historical bars. Suggested uses include requiring full agreement for selective entries, using any nonzero score as a filter for another strategy, or treating a sign change as a prompt to review an open position. The document also proposes scanning several instruments and weighting longer timeframes more heavily for position trades. These are example applications, not tested results: no performance evidence is presented. Moving-average agreement alone does not establish a macro thesis or account for fundamentals, execution costs, or position risk, so the score is best understood as a directional filter rather than a complete trading system.
Key ideas
- Each of three timeframes receives a bullish, bearish, or neutral score based on fast and slow moving-average ordering.
- The combined score ranges from -3 to +3 and represents agreement across the selected horizons.
- Users can require complete alignment or use a nonzero score to filter entries from another strategy.
- A change in score direction can serve as a prompt to review or reduce an existing position.
- The document provides usage suggestions but no backtest or evidence of trading performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.