OPEN-SOURCE SCRIPT

TK47 36 Chambers

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TK47 36 Chambers is a precision-crafted EMA (Exponential Moving Average) tool designed to help traders align with multi-timeframe trends while keeping price action clear and uncluttered. Built around the powerful 36 EMA, this script plots the current timeframe’s high, low, and median EMAs as a visual "chamber" or cloud, giving instant feedback on intrabar dynamics.

Shoutout to Insilico, who introduced the 36 EMA as a core trend-following tool — this indicator wouldn’t exist without that spark.

How It Works
Core EMA:

The central element is the 36-period EMA, applied to close, high, and low prices on your current chart.

These three EMAs form a channel or “chamber” that acts as a dynamic zone of control.

The cloud between the high and low EMA can optionally be filled to help visualize volatility.

Higher Timeframe EMAs (HTF EMAs):

Optionally displays Daily, Weekly, 4H, and 1H EMAs (all using the same configurable EMA length, default: 36).

These are interpolated smoothly between HTF candles, creating elegant transitions and avoiding jumpy plotting.

Helps traders spot broader trend bias directly on lower timeframe charts without switching views.

Customizations
  • Adjustable colors for each EMA layer (current + HTFs).
  • Toggle cloud fill on/off.
  • Toggle visibility of each HTF line.


Option to show labels at the edge of the chart (e.g., “W” for Weekly) for clarity.

Use Cases
Confirming trend direction across multiple timeframes.

Identifying pullback entries or mean reversion zones.

Combining with candlestick patterns, liquidity sweeps, or oscillator divergence for high-probability entries.

Notes
All EMAs use the same configurable length to keep things clean and consistent.

Interpolation ensures the HTF EMAs remain smooth and aligned with the LTF candles.

The fill between high and low EMA gives a visual representation of the market’s breathing room — useful for spotting expansions and contractions.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.