EMA bullish/bearish dashboard - MTF — Indicator by squattter

multi-timeframe mtf ema exponential movingaverage dash dashboard

This is a good reminder for which way you should be placing orders.
It's best to not ignore these signals!!!

lime = full bull - 100ema above 200ema and price is above 200ema
green = hallf bull - price now below 200ema but 100ema is still above the 200
maroon = full bear - opposite of full bull
red = half bear - opposite of half bull

Also with multi timeframe option - so I guess you could stack several of these on a single framed chart if you wanted.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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Want to use this script on a chart?

study(title="EMA bullish/bearish dashboard - MTF")
//ema 1
len1 = input(100, minval=1)
src = input(close, title="Source")
ema1 = ema(src, len1)

len2 = input(200, minval=1)
ema2 = ema(src, len2)

useCurrentRes = input(true, title="Use current timeframe?")

resCustom = input(title="Timeframe", type=resolution, defval="5")
res = useCurrentRes ? period : resCustom
ema11 = security(tickerid, res, ema1)
ema22 = security(tickerid, res, ema2)



plot((ema11 > ema22 and close > ema22), title="Buy 2/2", style=columns, color=lime)
plot((ema11 > ema22 and close < ema22), title="Buy 1/2", style=columns, color=green)
plot((ema11 < ema22 and close < ema22), title="Sell 2/2", style=columns, color=maroon)
plot((ema11 < ema22 and close > ema22), title="Sell 1/2", style=columns, color=red)