OPEN-SOURCE SCRIPT
MTF Trend + SMC Structure (EMA/SMA Mix - HH/HL)
Objective
To provide a quick, visual, and reliable reading of market trends and structure.
Combines dynamic moving averages and SMC (market structure) logic.
Effectively integrates into the chart via a clear table displayed in the top right corner.
📊 What the indicator displays (by timeframe: M5, M15, M30, H1, H4, D1, W1)
🟢 1. MA Trend
Based on two moving averages (short and long).
Average Type:
EMA for M5 to M30 (reactive)
SMA for H1 to Weekly (smoother)
Display:
🟢 Up if short MA > long MA
🔴 Down if short MA < long MA
Customizable lengths per timeframe
🧱 2. Structure (SMC logic)
Detects Higher High / Higher Low and Lower High / Lower Low
Based on significant pivots (pivothigh, pivotlow)
Logic inspired by SMC swing trading
Display:
🟢 Up = bullish structure (HH + HL)
🔴 Down = bearish structure (LH + LL)
⚪ Neutral = no clear structure
✅ Advantages
🔍 Instant view of the overall multi-timeframe context
📉 Combines trend by MA and SMC structure
🎯 Helps filter out bad entries Countertrend
⚡️ Very useful for intraday, swing, or SMC traders
To provide a quick, visual, and reliable reading of market trends and structure.
Combines dynamic moving averages and SMC (market structure) logic.
Effectively integrates into the chart via a clear table displayed in the top right corner.
📊 What the indicator displays (by timeframe: M5, M15, M30, H1, H4, D1, W1)
🟢 1. MA Trend
Based on two moving averages (short and long).
Average Type:
EMA for M5 to M30 (reactive)
SMA for H1 to Weekly (smoother)
Display:
🟢 Up if short MA > long MA
🔴 Down if short MA < long MA
Customizable lengths per timeframe
🧱 2. Structure (SMC logic)
Detects Higher High / Higher Low and Lower High / Lower Low
Based on significant pivots (pivothigh, pivotlow)
Logic inspired by SMC swing trading
Display:
🟢 Up = bullish structure (HH + HL)
🔴 Down = bearish structure (LH + LL)
⚪ Neutral = no clear structure
✅ Advantages
🔍 Instant view of the overall multi-timeframe context
📉 Combines trend by MA and SMC structure
🎯 Helps filter out bad entries Countertrend
⚡️ Very useful for intraday, swing, or SMC traders
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.