Multi-Timeframe Close and Midpoint Confluence

Multi-Timeframe Close Monitoring and Price Midpoint Confluence Indicator

This indicator is designed to assist traders in monitoring multiple timeframe candle closes and identifying areas where price midpoints (50% levels) from different timeframes cluster together.

The tool focuses on timing awareness and structural context, helping users observe periods where multiple timeframe events occur close together, which may coincide with increased market activity.

What the Indicator Tracks

The indicator monitors candle close timing and price context across multiple timeframes, including:

Intraday timeframe closes (30m, 1h, 2h, 3h, 4h, 6h, 8h)

Higher-timeframe closes (Daily, Weekly, Monthly) when within a defined scan window

The midpoint (50%) of the previous candle for each tracked timeframe

The distance between current price and each midpoint level

This information is evaluated independently for each timeframe.

Timeframe Close Confluence

When multiple timeframes are approaching a candle close within a short window, the indicator highlights this period visually.
These moments can be useful for observing potential shifts in activity or volatility, particularly when combined with other forms of analysis.

Visual markers and optional alerts are used to draw attention to these timing clusters.

Midpoint (50%) Level Clustering

The indicator also evaluates whether multiple 50% levels from different timeframes are located within a user-defined proximity.

When several midpoints cluster closely together, the area is highlighted as a zone of interest for further observation, as overlapping price references may act as areas of interaction.

Countdown & Information Panel

An optional on-chart panel displays:

A live countdown to upcoming timeframe closes

Relative urgency based on proximity to each close

Whether current price is above or below each midpoint

Distance metrics to help gauge proximity

Color coding is used to improve readability rather than indicate trade direction.

Visual Context Tools

Additional visual options include:

Background shading when multiple timing or midpoint conditions overlap

Adjustable thresholds to control sensitivity

Customizable colors, opacity, and panel placement

These visuals are intended to provide contextual awareness, not trade signals.

Intended Use

Style: Multi-timeframe analysis and timing awareness

Markets: Forex, crypto, equities, futures

Purpose:

Monitor upcoming timeframe closes

Observe overlapping price reference zones

Improve preparation around potential activity windows

The indicator is best used as a supplementary tool alongside independent analysis.

Important Notes

This script is provided for educational and analytical purposes only.
It does not predict market outcomes and should not be used as a standalone decision-making tool. Users are encouraged to apply appropriate risk controls and confirm observations with additional analysis.