OPEN-SOURCE SCRIPT

MTF 4h Structure + FVG (CORRECTED)

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This is a fully customizable Multi-Timeframe (MTF) indicator for SMC traders. It overlays true Higher Timeframe market structure onto your current chart. While it defaults to the 4-Hour (4h) structure, you can easily change this to 1h, Daily, or Weekly in the settings to suit your strategy.

Key Features:

1. Dynamic MTF Overlay: Select any Higher Timeframe (HTF) in the settings. The script calculates true pivots on that timeframe and projects them onto your chart without repainting issues.

2. Active Dealing Range: Automatically displays the Swing High and Swing Low of the selected HTF.

3. Equilibrium (EQ): Marks the 50% level of the range to help you identify Premium (Sell) vs. Discount (Buy) zones.

4. HTF Fair Value Gaps (FVG): Detects and draws unmitigated FVGs from your selected timeframe, acting as high-probability POIs.

Visuals & Logic:

- Green/Red: Signals CHoCH (Trend Reversals).
- Gray: Signals BOS (Trend Continuation) - keeping the chart clean.
- Smart Calculation: Calculates structure explicitly on the HTF data to prevent false signals on lower timeframes.

How to use:

1. Add to your chart (e.g., 5m or 15m).

2. Open Settings -> Select your desired "Higher Timeframe" (Default is 4h).

3. Trade in the direction of the HTF Trend (Labels) and look for entries within HTF FVGs in the correct Discount/Premium zone.
Pine Script®

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