OPEN-SOURCE SCRIPT

[ggarritano] MTF Zones + Context Table + POC.

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This indicator maps Premium, Equilibrium and Discount zones across up to 8 configurable timeframes, based on the most recent swing range (pivot high/low) and extends the zones forward in real time. It also includes a Context Table that summarizes, per timeframe:

Current Zone (Premium / Equilibrium / Discount + mid areas)

% Position inside the swing range (-100 to +100)

Context (Discount / Neutral / Premium) derived from the % value

Distance to the nearest pivot (Stop (pts))

Distance to the next relevant zone (Target (pts))

Additionally, the script can plot:

Previous period levels: PDH/PDL, PWH/PWL, PMH/PML

Pivot POC (Approx.) per timeframe (optional and independent from zone plotting)

⚠️ POC note: Pine Script does not provide true volume-at-price data. The “Pivot POC” here is an approximation built by accumulating candle volume into price bins inside the active pivot range (HLC3 mode is lighter; Spread mode is more profile-like but heavier).

Use the timeframe toggles to control what you plot and what appears in the table, and adjust Pivot Length + Neutral Band to fit your market and style.

면책사항

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