Two Poles Trend Finder MTF [BigBeluga]🔵 OVERVIEW
Two Poles Trend Finder MTF is a refined trend-following overlay that blends a two-pole Gaussian filter with a multi-timeframe dashboard. It provides a smooth view of price dynamics along with a clear summary of trend directions across multiple timeframes—perfect for traders seeking alignment between short and long-term momentum.
🔵 CONCEPTS
Two-Pole Filter: A smoothing algorithm that responds faster than traditional moving averages but avoids the noise of short-term fluctuations.
var float f = na
var float f_prev1 = na
var float f_prev2 = na
// Apply two-pole Gaussian filter
if bar_index >= 2
f := math.pow(alpha, 2) * source + 2 * (1 - alpha) * f_prev1 - math.pow(1 - alpha, 2) * f_prev2
else
f := source // Warm-up for first bars
// Shift state
f_prev2 := f_prev1
f_prev1 := f
Trend Detection Logic: Trend direction is determined by comparing the current filtered value with its value n bars ago (shifted comparison).
MTF Alignment Dashboard: Trends from 5 configurable timeframes are monitored and visualized as colored boxes:
• Green = Uptrend
• Magenta = Downtrend
Summary Arrow: An average trend score from all timeframes is used to plot an overall arrow next to the asset name.
🔵 FEATURES
Two-Pole Gaussian Filter offers ultra-smooth trend curves while maintaining responsiveness.
Multi-Timeframe Trend Detection:
• Default: 1H, 2H, 4H, 12H, 1D (fully customizable)
• Each timeframe is assessed independently using the same trend logic.
Visual Trend Dashboard positioned at the bottom-right of the chart with color-coded trend blocks.
Dynamic Summary Arrow shows overall market bias (🢁 / 🢃) based on majority of uptrends/downtrends.
Bold + wide trail plot for the filter value with gradient coloring based on directional bias.
🔵 HOW TO USE
Use the multi-timeframe dashboard to identify aligned trends across your preferred trading horizons.
Confirm trend strength or weakness by observing filter slope direction .
Look for dashboard consensus (e.g., 4 or more timeframes green] ) as confirmation for breakout, continuation, or trend reentry strategies.
Combine with volume or price structure to enhance entry timing.
🔵 CONCLUSION
Two Poles Trend Finder MTF delivers a clean and intuitive trend-following solution with built-in multi-timeframe awareness. Whether you’re trading intra-day or positioning for swing setups, this tool helps filter out market noise and keeps you focused on directional consensus.
