This is a analysis script using that checks where price (close) is on different timeframes.
Green : Price is in territory
Orange : Price is in consolidation
Red: Price is in territory.
The script looks at 15 min, 1 Hr , 4 HR , D, W, M timeframes. Not all will be relevant (depending on trading timeframe and on asset).
Possible to toggle timeframes on and off (15 min and M timeframes may not be relevant for the asset or timeframe you trade on, switch them off for a cleaner chart)