OPEN-SOURCE SCRIPT

Multi-Time-Frame EMA Sampler (6-pack) [DarthSHO]

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๐Ÿ“ˆ Multi-Timeframe EMA Sampler (6-Pack)
Author: DarthSHO fpgrainger@gmail.com
Type: Overlay
Category: Moving Averages/Multi-Timeframe Analysis
License: Open-source

This script plots up to six EMAs calculated from a higher timeframe of your choice (e.g., 1H, Daily) and samples them at a user-defined update interval (e.g., every 5 or 15 minutes). The result is a precise, non-repainting display of higher-timeframe EMAs โ€” visible on any chart, including lower timeframes.

๐Ÿ”ง Features
โœ… Choose the source timeframe for EMA calculations (e.g., 1H, Daily)
โœ… Set a custom update interval (sampling timeframe)
โœ… Plot up to 6 EMAs, each with:
  • Individual length
  • Color customization
  • On/off visibility toggle

โœ… Fully overlays on current chart timeframe
โœ… Updates on bar close of your chosen sampling interval (no repainting)

๐Ÿง  Use Cases
See key EMAs from higher timeframes without switching charts
Lock in values only once per sampling interval (e.g., only update 1H EMAs every 15min)
Avoid noisy intra-bar flicker or repainting
Combine with price action or support/resistance for confluence setups

โš™๏ธ Example Settings
EMA Calculation Timeframe: 1H
Update/Sampling Timeframe: 15m
Chart Timeframe: Any (1m, 5m, 1H, etc.)

๐Ÿšซ No Repainting
This script uses lookahead=barmerge.lookahead_on to ensure EMAs are stable and only update at the end of each sampling bar.

๐Ÿ’ก Tip
Use the shorter sampling_tf (like 5 or 15) to keep your EMA lines responsive but reliable โ€” or set it equal to the calculation TF to see them step only once per bar.

โœจ Created by Darth SHO
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