NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Hello Friends, I observed that on lower timeframes, traders find it hard to visualize the angle of Multi plotted EMAs due to fast moving value. To overcome the problem, EMA’s emerging angles have been plotted on the chart by extending the lines to defined points. Further, MTF, Source, Offset points, Deviation by %, Plotting on/off, Repainting on/off, Extension Line on/off options have also been included in the script.
I find it useful, so hopes, it will be useful to others too. Thanks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.