OPEN-SOURCE SCRIPT
Nearest EMA Levels (Multi-Timeframe)
This indicator identifies the closest upper and lower EMA levels across multiple timeframes, helping traders spot trend direction and key support/resistance zones.
📌 Key Features:
✔ Multi-Timeframe Support: Works across 1min to 1W timeframes.
✔ Customizable EMAs:
1min & 5min: Only 200 EMA.
Other timeframes: 20, 50, 100, and 200 EMA.
✔ Auto Detection: Highlights the nearest EMA levels above and below price.
✔ Customizable Display: Adjustable line style, thickness, and colors.
✔ Clear Labels: Shows EMA value and timeframe for easy interpretation.
🛠 How to Use:
Enable preferred timeframes and adjust visual settings.
Nearest EMA levels are plotted automatically.
Labels indicate timeframe and EMA value.
⚠ Note:
For technical analysis only, not financial advice.
1M timeframe removed due to TradingView API limits.
Too many EMAs may clutter the chart—enable only needed timeframes.
🚀 Perfect for:
✔ Trend Identification
✔ Support & Resistance Analysis
✔ Short & Long-Term Market Tracking
📌 Key Features:
✔ Multi-Timeframe Support: Works across 1min to 1W timeframes.
✔ Customizable EMAs:
1min & 5min: Only 200 EMA.
Other timeframes: 20, 50, 100, and 200 EMA.
✔ Auto Detection: Highlights the nearest EMA levels above and below price.
✔ Customizable Display: Adjustable line style, thickness, and colors.
✔ Clear Labels: Shows EMA value and timeframe for easy interpretation.
🛠 How to Use:
Enable preferred timeframes and adjust visual settings.
Nearest EMA levels are plotted automatically.
Labels indicate timeframe and EMA value.
⚠ Note:
For technical analysis only, not financial advice.
1M timeframe removed due to TradingView API limits.
Too many EMAs may clutter the chart—enable only needed timeframes.
🚀 Perfect for:
✔ Trend Identification
✔ Support & Resistance Analysis
✔ Short & Long-Term Market Tracking
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 publications is governed by House rules. You can favorite it to use it on a chart.
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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.