OPEN-SOURCE SCRIPT
Reh's bullshit
Here's the description for your multi-timeframe EMA indicator:
This script is a custom indicator for TradingView that plots four different Exponential Moving Averages (EMAs) on the chart, each calculated from different timeframes: Hourly, Daily, Weekly, and Monthly. These EMAs help identify trends across multiple time horizons, making it easier to spot potential support and resistance levels.
Key Features:
- Hourly EMA (calculated using a 1-hour timeframe) - Shows short-term price movements and immediate trend direction
- Daily EMA (calculated using a daily timeframe) - Helps identify medium-term trends and potential support/resistance levels
- Weekly EMA (calculated using a weekly timeframe) - Provides insight into broader market trends and major support/resistance zones
- Monthly EMA (calculated using a monthly timeframe) - Highlights long-term market direction and significant price levels
Each EMA is displayed using a distinct color and plotted with a step line style for clear visibility:
- Hourly EMA: Green
- Daily EMA: Blue
- Weekly EMA: Dark Blue (#3127e3)
- Monthly EMA: Pink (#f352ff)
The indicator includes customizable input parameters for each timeframe's EMA length, allowing traders to adjust the sensitivity of each moving average according to their trading strategy. This versatility makes it useful for both swing traders and position traders who need to analyze market structure across multiple timeframes.
This script is a custom indicator for TradingView that plots four different Exponential Moving Averages (EMAs) on the chart, each calculated from different timeframes: Hourly, Daily, Weekly, and Monthly. These EMAs help identify trends across multiple time horizons, making it easier to spot potential support and resistance levels.
Key Features:
- Hourly EMA (calculated using a 1-hour timeframe) - Shows short-term price movements and immediate trend direction
- Daily EMA (calculated using a daily timeframe) - Helps identify medium-term trends and potential support/resistance levels
- Weekly EMA (calculated using a weekly timeframe) - Provides insight into broader market trends and major support/resistance zones
- Monthly EMA (calculated using a monthly timeframe) - Highlights long-term market direction and significant price levels
Each EMA is displayed using a distinct color and plotted with a step line style for clear visibility:
- Hourly EMA: Green
- Daily EMA: Blue
- Weekly EMA: Dark Blue (#3127e3)
- Monthly EMA: Pink (#f352ff)
The indicator includes customizable input parameters for each timeframe's EMA length, allowing traders to adjust the sensitivity of each moving average according to their trading strategy. This versatility makes it useful for both swing traders and position traders who need to analyze market structure across multiple timeframes.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.