Michael's EMA (Selectable TF) by Koenigsegg

11 Apr

📌 Michael’s EMA (Selectable TF) by Koenigsegg

A multi-timeframe EMA crossover trend tool for clear market direction.

🔍 CORE LOGIC & PURPOSE
This indicator visualizes the trend based on two Exponential Moving Averages (EMAs) — fast and slow — from a user-defined timeframe.
Referencing a higher timeframe strengthens the trend signal and reduces the noise from short-term volatility.
Perfect for traders seeking cleaner entries and exits, especially those who get faked out by lower timeframe chop.

✅ KEY FEATURES
1. Multi-Timeframe EMA Calculation
- Fetches EMAs from any timeframe using `request.security()`.
- Selecting a higher timeframe makes signals more meaningful and decisive.

2. Customizable EMAs
- Small EMA (default: 12) and Big EMA (default: 21).
- Clear logic:
- Uptrend = Small EMA ≥ Big EMA
- Downtrend = Small EMA < Big EMA

3. Dynamic Trend Coloring
- EMAs change color based on the trend:
- Uptrend: Green (customizable)
- Downtrend: Red (customizable)

4. Crossover Detection & Arrows
- Clean visual arrows on trend flips only.
- Optional visibility, customizable size & color.
- Built with a debounce mechanic to avoid spam signals.

5. Built-In Alerts
- Trend Up Alert when fast EMA crosses above slow EMA.
- Trend Down Alert when fast EMA crosses below slow EMA.
- Compatible with automation, bots, and manual strategies.

⚠️ PRO TIP
Using a higher timeframe (e.g., 1H on a 15m chart, or 15m on a 5m chart as visually represented on the chart) makes trend flips more decisive and reliable, helping you avoid being faked out by short-term volatility. When the higher TF flips red — that’s your true trend shift, not just noise.

🏷️ HASHTAGS
#EMA #MovingAverage #MultiTimeframe #TrendIndicator #TradingViewScript #TradingTools
#TechnicalAnalysis #PriceAction #ForexTrader #CryptoTrader #StockTrader
#AlgoTrading #TrendFlip #SmartMoney #SwingTrading #DayTrading #MarketStructure #TradingEdge #ProfMichaelG #Koenigsegg #Bitcoin

⚠️ DISCLAIMER
This script is provided for educational and informational purposes only.
It does not constitute financial advice, investment advice, or a recommendation to buy or sell any financial instruments.
Always do your own research and consult with a licensed financial advisor before making any trading decisions.
Use this tool at your own risk.

17 Apr

Nota Keluaran

📌 Michael’s EMA (Selectable TF) v2 by Koenigsegg

A multi-timeframe EMA crossover trend tool for clear market direction.


🆕 VERSION 2.0 – Modular Input Redesign & Barstate Security Logic

Updated: 17-Apr-25


✅ WHAT’S NEW

1. Grouped Input Menus
• Settings now organized into:
•

"Michael's EMA - Settings"

for core inputs
•

"UI - Settings"

for visual customization
• Cleaner and more intuitive layout

2. Source Input Added
• You can now choose which price (

close

,

hl2

,

open

,
etc.) to use for EMA calculation
• More control and flexibility in strategy building

3. Improved Security Logic
• Added

barstate.isconfirmed

logic in

request.security()

• Reduces repainting in replay/live charts
• Makes trend shifts more reliable for automation and alerts

4. Code Refactoring & Naming Clean-Up
• Variables renamed for consistency
• Code easier to read and maintain
• Built for future scalability


🔍 CORE LOGIC & PURPOSE

This indicator visualizes the trend based on two Exponential Moving Averages (EMAs) — fast and slow — from a user-defined timeframe. Referencing a higher timeframe strengthens the trend signal and reduces the noise from short-term volatility. Perfect for traders seeking cleaner entries and exits, especially those who get faked out by lower timeframe chop.


✅ KEY FEATURES

1. Multi-Timeframe EMA Calculation
• Fetches EMAs from any user-defined timeframe using

request.security()

• Works beautifully for top-down analysis
• Higher timeframe input filters out intraday noise

2. Customizable EMAs
• Fast EMA (default: 12) and Slow EMA (default: 21)
• Clear crossover logic:
• ✅ Uptrend: Fast EMA ≥ Slow EMA
• ❌ Downtrend: Fast EMA < Slow EMA

3. Dynamic Trend Coloring
• EMAs visually reflect the current trend
• Fully customizable:
• 🟢 Uptrend = Green
• 🔴 Downtrend = Red (or any color of your choice)

4. Crossover Detection & Arrows
• Arrows only appear on actual trend flips
• Debounced logic to reduce noise & false signals
• Arrow color and size are fully customizable
• Arrows are disabled by default for a cleaner chart (can be enabled in settings)

5. Built-In Alerts
• 📈 EMA Trend Up Alert: Fast EMA crosses above Slow EMA
• 📉 EMA Trend Down Alert: Fast EMA crosses below Slow EMA
• Works perfectly with manual setups, automation, or trading bots


⚠️ PRO TIP

Using a higher timeframe (e.g., 1H on a 15m chart, or 15m on a 5m chart) makes trend flips more decisive and reliable, helping you avoid being faked out by short-term volatility.
When the higher TF flips red — that’s your true trend shift, not just noise.


⚠️ DISCLAIMER

This script is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any financial instruments. Always do your own research and consult with a licensed financial advisor before making any trading decisions. Use this tool at your own risk.

18 Apr

Nota Keluaran

Michael's EMA (Selectable TF) v3 by Koenigsegg

🔄 Update Highlights:
- Expanded dynamic Trend Table with toggleable timeframes
- Newly supported (toggleable Trend Table timeframes): 3m, 5m, 10m, 15m, 30m, 1H, 2H, 4H, 1D and 1W
- Trend strength now visually mapped as: STRONG UP, UP, DOWN, STRONG DOWN — fully color-coded

⚠️ Performance Note:
This script leverages multiple `request.security()` calls conditionally.
Enabling too many low timeframes (1m–15m) at once may impact performance.
👉 Activate only the timeframes you actively monitor to ensure optimal speed and responsiveness.

💡 Pro Tip from Koenigsegg:
Use a Trend Table combination of low and medium timeframes for tactical entries, and higher timeframes for macro confirmation.
Build your confluence — stay selective, stay sharp.

Built for focused traders who demand clarity, speed, and full control.

Script by CryptoPandaTA / Koenigsegg (Trend Table inspired by Marci)

18 Apr

Nota Keluaran

🚀 Update v4.0 – Dual Engine Mode Activated
Michael’s EMA just got a serious upgrade. This version introduces a second fully customizable EMA engine, allowing you to plot two independent EMA bands — each with its own timeframe, values, and styling — all running live on your chart.

🔧 What’s New
● Second EMA engine added with full control panel
● Independent timeframe selection for both engines, including the option to follow the chart’s
active timeframe
● Adjustable EMA (small/big) values per engine
● Separate uptrend/downtrend color options for both engines
● Dynamic color changes based on trend — on any timeframe and any EMA — for both engines
● Both engines run simultaneously and update in real-time
● Prefer a cleaner setup? Set both engines to the same timeframe and they’ll visually blend into
one
● Trend Table remains untouched and fully operational

📸 Example
In the screenshot, Engine 1 follows the active chart timeframe (5min) and uses green for bullish, red for bearish. Engine 2 is set to 15min and is shown in blue for bullish, orange for bearish. These colors were selected for visual clarity — but both engines support full color customization, so you can style them entirely to your own preference.

💡 Quick Tip
Want just one engine visible? Set both to the same timeframe — they’ll overlay seamlessly and appear as a single band system.

⏳ Coming Soon
A third parallel EMA engine is in development, giving you the ability to track three timeframes simultaneously — each fully customizable. Stay tuned for v4.5 👀

25 Mei

Nota Keluaran

Release v4.1 – Trend Table & Pine-v6 Compatibility Fixes

Correct “DOWN” vs. “STRONG DOWN” logic:
• First bar after an EMA cross-down now correctly displays “DOWN”
• Only once the downtrend is sustained will it display “STRONG DOWN”

Pine v6 syntax clean-up:
• Removed stray semicolons from all array.push(...) calls
• Broke out the table.new(...) call into a multi-line parameter block to eliminate “end of line without continuation” errors
• Declared trendText and trendColor variables at the top of the loop to fix undeclared-identifier issues

27 Mei

Nota Keluaran

Release Notes (v4.2)

Unleash ultimate efficiency with optional EMA 50/100/200 toggles—collapse multiple indicators into one, save precious slots, and sharpen your trend analysis in an instant.

- v4.1 with special thanks to Mortdefum
- v4.2 with special thanks to TRBW

27 Mei

Nota Keluaran

Michael's EMA v4.3 Release Notes
What's New in v4.3
✨ Custom Color Selection for Fixed EMAs

NEW: Added individual color pickers for EMA 50, EMA 100, and EMA 200
ENHANCED: Maintain full toggle control while customizing your preferred colors
DEFAULT COLORS: Blue (#0c3299), Purple (#9C27B0), Red (#f21d2e) - but now customizable

🗑️ Streamlined Interface

REMOVED: Arrow functionality completely eliminated for cleaner charts
SIMPLIFIED: No more arrow color inputs, size controls, or crossover arrows
FOCUSED: Pure EMA analysis without visual clutter

🔧 Technical Improvements

All existing functionality preserved: Twin Turbo Mode, Multi-Timeframe Table, Custom Source Input
Performance optimized by removing unnecessary crossover calculations
Cleaner code structure for better maintainability

Why This Update?
This release focuses on customization and simplicity. Many traders requested the ability to personalize their EMA colors while others wanted to remove the arrow distractions. v4.3 delivers both improvements for a cleaner, more personalized trading experience.