OPEN-SOURCE SCRIPT
Multi-EMA Combination with Multi-Timeframe EMA By BCB Elevate
Benefits and Features of the Multi-EMA Combination Indicator with Multi-Timeframe EMA:
Key Features:
Multiple EMA Support:
Tracks up to six EMAs simultaneously, each with customizable lengths and colors.
Allows traders to observe various short-term and long-term trends in the market.
Multi-Timeframe EMA (MTF EMA):
Incorporates a higher timeframe EMA directly into the current chart.
Useful for aligning intraday trading strategies with broader market trends.
Provides customizable settings, including the EMA length and timeframe.
Combined Alerts:
Automated alerts for key crossover and crossunder events.
Alerts include:
EMA 1 crossing EMA 2 (shorter-term signals).
EMA 1 crossing EMA 2 and EMA 3 together (stronger confirmation signals).
Can enable or disable buy and sell alerts separately.
Customizability:
Users can set EMA lengths, colors, and other preferences directly from the settings menu.
The multi-timeframe EMA can be toggled on/off for flexibility.
User-Friendly Visuals:
Clearly plots EMAs with different colors and line widths to distinguish trends.
The multi-timeframe EMA uses a unique style for better visibility.
Key Features:
Multiple EMA Support:
Tracks up to six EMAs simultaneously, each with customizable lengths and colors.
Allows traders to observe various short-term and long-term trends in the market.
Multi-Timeframe EMA (MTF EMA):
Incorporates a higher timeframe EMA directly into the current chart.
Useful for aligning intraday trading strategies with broader market trends.
Provides customizable settings, including the EMA length and timeframe.
Combined Alerts:
Automated alerts for key crossover and crossunder events.
Alerts include:
EMA 1 crossing EMA 2 (shorter-term signals).
EMA 1 crossing EMA 2 and EMA 3 together (stronger confirmation signals).
Can enable or disable buy and sell alerts separately.
Customizability:
Users can set EMA lengths, colors, and other preferences directly from the settings menu.
The multi-timeframe EMA can be toggled on/off for flexibility.
User-Friendly Visuals:
Clearly plots EMAs with different colors and line widths to distinguish trends.
The multi-timeframe EMA uses a unique style for better visibility.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.