![[CT] Expansion Contraction MTF indicator chart preview](https://vxiysccpubycortfbhpp.supabase.co/storage/v1/object/public/tradingview-indicator-images/dc3c90a0-520a-4405-9430-074ff414b57d/e2b7f483-26e2-4fbf-924b-8d5537407e41.png)
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[CT] Expansion Contraction MTF
The [CT] Expansion Contraction MTF indicator measures bullish and bearish price pressure across short- and long-term lookback periods to help traders identify momentum shifts, strengthening trends, and potential market transitions. Featuring multi-timeframe analysis, volatility reference bands, and customizable candle coloring, this indicator provides a visual framework for evaluating market direction and momentum strength.