Multi-TF Volatility Channel Dashboard

This tool tracks where price sits inside a volatility channel on two timeframes at once and turns it into a simple trend state.

What it does

Builds a volatility channel around price using a midline and a volatility based band.

Converts the position of price inside that band into an oscillator that moves roughly between -100 and +100.

Calculates this oscillator on:

The current chart timeframe (LTF)

A selected higher timeframe (HTF)

From that it classifies each timeframe as:

Bull: oscillator above zero

Bear: oscillator below zero

Neutral: oscillator near zero

You can then see:

LTF oscillator line

HTF oscillator line

A small table showing LTF state, HTF state, and whether they are aligned

When both LTF and HTF are bullish or both are bearish, the background can highlight that period, and optional alerts fire.

How to use it

Trade in the direction of the higher timeframe when both lines agree.

Avoid taking counter trend trades when LTF and HTF are in strong but opposite states.

Use the LTF line for timing and the HTF line for directional bias.