What is MTF Structure?
MTF Structure Table runs the same market structure reading on up to five timeframes at the same time and reports each one's trend. A timeframe is bullish (1) after structure breaks upward, bearish (-1) after it breaks downward, and 0 while no trend has been established yet.
The defaults are 15 minutes, 1 hour, 4 hours and daily, with the fifth slot also on daily until you change it. Each slot can also be set to the chart's own timeframe. The trends are plotted as step lines in a sub-pane, which you switch on with Show State Pane.
This is a closed-source premium script. It runs on Altrady's servers, so only its output reaches your chart and its code is not published.
How to use MTF Structure
- All slots agree. When every timeframe shows the same trend, lower timeframe moves are running with the larger structure.
- Lower timeframes disagree. A short timeframe flipping against the higher ones is often a pullback inside the bigger trend, or the first sign of a change.
- Higher timeframes flip. A change on the 4 hour or daily slot is the slower, more significant shift that the faster slots usually showed first.
- Zero. A slot at 0 has not seen enough structure to have a trend yet.
Settings
Structure
| Setting | Default | Range | What it changes |
|---|---|---|---|
| Swing Length | 5 | 1 or more | Bars either side of a pivot. Applied identically to every timeframe slot. |
| Significance (ATR x) | 1.5 | 0 to 10 | Minimum leg size for a swing, in that timeframe's own ATR. Applied identically to every slot. |
| Break On | Close | Close, Wick | Close: a bar must close beyond the swing. Wick: a touch is enough. |
Timeframes
| Setting | Default | Range | What it changes |
|---|---|---|---|
| TF 1 | 15m | Chart, 15m, 30m, 1h, 4h, 1D | First timeframe slot. Default 15 min. |
| TF 2 | 1h | Chart, 15m, 30m, 1h, 4h, 1D | Second timeframe slot. Default 1 hour. |
| TF 3 | 4h | Chart, 15m, 30m, 1h, 4h, 1D | Third timeframe slot. Default 4 hours. |
| TF 4 | 1D | Chart, 15m, 30m, 1h, 4h, 1D | Fourth timeframe slot. Default daily. |
| TF 5 | 1D | Chart, 15m, 30m, 1h, 4h, 1D | Fifth timeframe slot. Default daily. Set to a different value, or the same as another slot. There is no Off. |
Display
| Setting | Default | Range | What it changes |
|---|---|---|---|
| Show State Pane | Off | A sub-pane plotting each timeframe's trend. This is the tool's internal state, and what the automated checks read. |
How it works
For each slot, the script builds that timeframe's bars and finds its confirmed swing highs and lows. A swing only counts when the move into it covered enough of that timeframe's own average true range, so one Significance value works across all five slots.
Structure breaks when price passes beyond the last swing on a close, or on a wick if you choose. An upward break sets that slot's trend to bullish and a downward break to bearish. Each slot moves only when its own timeframe produces a new bar, so a daily slot changes far less often than a 15 minute one.
Swing Length, Significance and Break On are shared by all five slots, and each slot's timeframe is its own setting.
Limitations
- The pane is off by default. With Show State Pane off, nothing is drawn. Turn it on to see the five trend lines.
- Confirmation lag. Swings are confirmed Swing Length bars of that timeframe after they happen, so a daily slot can take several days to react.
- One setting for all slots. Swing Length and Significance apply identically to every timeframe. There are no per-slot overrides.
- No Off for a slot. All five slots always run. Set a slot to the same timeframe as another if you need fewer distinct readings.
- Trend state only. The script reports direction, not the levels that set it. Use Market Structure on the chart to see the swings and breaks themselves.
Get MTF Structure
Premium scripts are a one-time purchase in the Altrady marketplace and need a paid Altrady plan to run.
- MTF Structure Table $7 This script on its own.
- Structure & Wyckoff bundle $29 7 premium scripts, MTF Structure included.
- Altrady Complete Suite $109 All 36 premium scripts.
Frequently asked questions
The market structure trend on five timeframes, each as 1 for bullish, -1 for bearish or 0 for not established, plotted as step lines in a sub-pane.
The sub-pane is off by default. Turn on Show State Pane in the settings to plot the five trends.
The chart's own timeframe, 15 minutes, 30 minutes, 1 hour, 4 hours or daily.
No. It declares no alerts. For alerts on structure breaks, use the Market Structure script.
Yes. MTF Structure Table is a closed-source premium script. It runs on Altrady's servers, so only its output reaches your chart and the code is never shared. You buy it once in the Altrady marketplace, on its own, in the Structure & Wyckoff bundle or in the Altrady Complete Suite, and it needs a paid Altrady plan to run. It is also included with your first annual Premium subscription.
Use the Get it in Altrady button on this page to open its listing in the Altrady marketplace. Once it is in your account, open the indicator picker on any chart in Altrady Charts, add MTF Structure Table like any other indicator, and turn on Show State Pane in its settings.