Mulakan

Exponential Moving Average (EMA)

DBG X WOLONG📊 USER GUIDE – DBG X WOLONG ALGORITHM 🎯 OVERVIEW The DBG X WOLONG Future Algorithm is a Pine Script v5 that integrates multiple advanced technical indicators, enabling traders to analyze markets and make precise trading decisions. ⚙️ MAIN SETTINGS 🔹 Sensitivity Value: 1–20 (Default: 6) Function: Adjusts the sensitivity of the SuperTrend signal Guidelines: Low value (1–5): Fewer signals, higher accuracy High value (15–20): More signals, but with possible noise 🎨 DISPLAY SETTINGS 🔹 Candle Colors Version 1: Based on MACD histogram Version 2: Based on SuperTrend 🔹 Color Themes Theme 1: Traditional Green/Red Theme 2: Gold/Purple Theme 3: Blue/Orange No Fill: No background color displayed 📊 TRADING SIGNALS 🔹 Buy/Sell Signals BUY 🚀 appears when: SuperTrend shifts from bearish to bullish Closing price > SMA 13 Braid Filter confirms SELL appears when: SuperTrend shifts from bullish to bearish Closing price < SMA 13 Braid Filter confirms 🔹 Reversal Signals ▲ (Up Arrow): Buy signal when RSI crosses above 30 ▼ (Down Arrow): Sell signal when RSI crosses below 70 🔹 Pullback Signals ▲ Purple: Pullback in bullish trend ▼ Purple: Pullback in bearish trend 🎯 TAKE PROFIT & STOP LOSS 🔹 TP Modes Version 1: TP based on pivot points Version 2: TP based on regression line Close Price: TP at candle close 🔹 TP/SL Settings TP Ratio: 2.0 (Default) TP Length: 150 (Default) ATR SL Length: 10 ATR SL Risk: 1.9 🔹 Labels Displayed ENTRY: Entry point STOP LOSS: Stop loss point TP 1/2/3: 3 take profit levels ☁️ MOVING AVERAGE CLOUD 🔹 Supported MA Types SMA – Simple Moving Average EMA – Exponential Moving Average WMA – Weighted Moving Average HMA – Hull Moving Average ALMA – Arnaud Legoux Moving Average McGinley – McGinley Dynamic FRAMA – Fractal Adaptive Moving Average 🔹 Cloud Cycles Default: 2, 6, 11, 18, 21, 24, 28, 34 Customizable: All 8 cycles 🔹 Ribbon Cycles Default: 6, 13, 20, 28, 36, 45, 55, 444 Customizable: All 8 cycles 🔧 BRAID FILTER 🔹 Function Filters out noise signals Confirms strong trends 🔹 Settings MA Filter: McGinley (Recommended) Filter Strength: 80% (Default) 📈 TRENDS & INDICATORS 🔹 SuperTrend Main trend indicator Generates primary buy/sell signals 🔹 Advanced Ichimoku Tenkan-Sen: Blue line Kijun-Sen: Orange line Senkou Span A/B: Ichimoku cloud 🔹 Trend Tracking Based on EMA 10 vs EMA 20 Candle colors follow trend direction 🔹 Trend Catcher Range Filter with multiple options Adjustable sensitivity 📊 MULTI-TIMEFRAME TREND PANEL 🔹 Displayed Timeframes 1m, 3m, 5m 15m, 30m, 1H 2H, 4H, 8H, Daily 🔹 Displayed Info Current Position: Bullish/Bearish Trend: Per timeframe Volume: Current trading volume 🔹 Panel Positioning 9 selectable positions Sizes: Large, Normal, Small, Extra Small 🚀 TRADE EXECUTION 📈 LONG ENTRY ✅ Entry Conditions BUY 🚀 signal appears SuperTrend turns from red to green Price > SMA 13 Braid Filter confirms (green) Trend Panel shows "Bullish" across multiple TFs 📊 Additional Confirmations MACD Histogram > 0 and rising RSI crosses above 30 (if reversal signal) EMA Pullback shows ▲ purple 🎯 Trade Management Entry: According to ENTRY label Stop Loss: According to STOP LOSS label Take Profit: TP1 → TP2 → TP3 📉 SHORT ENTRY ✅ Entry Conditions SELL signal appears SuperTrend turns from green to red Price < SMA 13 Braid Filter confirms (red) Trend Panel shows "Bearish" across multiple TFs 📊 Additional Confirmations MACD Histogram < 0 and declining RSI crosses below 70 (if reversal signal) EMA Pullback shows ▼ purple 🎯 Trade Management Entry: According to ENTRY label Stop Loss: According to STOP LOSS label Take Profit: TP1 → TP2 → TP3 🎛️ RECOMMENDED SETTINGS 👥 For Beginners Sensitivity: 6 Candle Colors: Version 1 Buy/Sell Signals: ON Reversal Signals: OFF Trend Panel: ON 🏆 For Experienced Traders Sensitivity: 4–8 (depending on market) Reversal Signals: ON Pullback: ON All indicators: ON ATR SL Risk: 1.5–2.0 ⚡ For Scalping Sensitivity: 8–12 Timeframes: 1m, 3m, 5m Use only: SuperTrend + Braid Filter Quick TP: Only TP1 📊 For Swing Trading Sensitivity: 4–6 Timeframes: 1H, 4H, 1D Use all: Full signals TP: All 3 levels (TP1, TP2, TP3) ⚠️ IMPORTANT NOTES 🔴 Avoid Trading When Signals conflict across timeframes Market is strongly ranging/sideways Abnormally low volume Price is at major support/resistance zones 🟢 Prefer Trading When At least 2–3 confirmations align Clear trend across multiple timeframes Strong volume surge Breakout from consolidation zone 💡 Usage Tips Always wait for confirmation: Never enter with just 1 signal Risk management: Place SL according to STOP LOSS label Follow trend panel: Prioritize overall trend Use multiple timeframes: Analyze top-down Backtest first: Test strategy on historical data 🛠️ TROUBLESHOOTING ❓ No signals appear Check if inputs are enabled Adjust sensitivity Try switching timeframe ❓ Too many false signals Lower sensitivity Increase Braid Filter strength Trade only with main trend ❓ Trend panel not showing Enable "Display Dashboard" Select proper panel position Adjust panel size 📞 SUPPORT If you encounter issues using this script, please: Carefully read this guide Practice on a demo account Backtest thoroughly before live trading 📈 Wishing you successful trading! 🚀
Penunjuk Pine Script®
oleh ionmarpie
2
Modified Keltner Channels (EMA + 2.25 ATR)This script plots a volatility envelope around an exponential moving average (EMA) using the Average True Range (ATR). The channel adapts to market conditions: it widens as volatility rises and narrows when volatility contracts, helping you spot trends, pullbacks, and potential breakouts. How it’s calculated: Midline: EMA(close, Length). Upper Band: EMA + (ATR(Length) × Multiplier). Lower Band: EMA − (ATR(Length) × Multiplier) Default settings are Length = 20 and Multiplier = 2.25, which is slightly wider than the classic 2.0 and a touch tighter than 2.5—aimed at reducing whipsaw without hiding meaningful moves.
Penunjuk Pine Script®
oleh Rawbbits
Daily High/Low (15m) + EMA Pre-Market H/L + ORBStraightforward: I built a swing-trading indicator with ChatGPT that plots 15-minute highs and lows, draws pre-market high/low lines, and adds a 15-minute opening-range breakout feature. Technical: Using ChatGPT, I developed a swing-trade indicator that calculates 15-minute highs/lows, overlays pre-market high and low levels, and includes a 15-minute Opening Range Breakout (ORB) module. Promotional: I created a ChatGPT-powered swing-trading indicator that maps 15-minute highs/lows, marks pre-market levels, and features a 15-minute Opening Range Breakout for clearer entries.
Penunjuk Pine Script®
oleh sheazadjiwani
Infinite EMA with Alpha Control♾️ Infinite EMA with Alpha Control What Makes This EMA "Infinite"? Unlike traditional EMA indicators that are limited to typical periods (1-5000), this Infinite EMA breaks all boundaries. You can create EMAs with periods of 1,000, 10,000, or even 1,000,000 bars - that's why it's called "infinite"! Also Infinite EMA starts working immediately from the very first bar on your chart Why This EMA is "Infinite": 1. Mathematically: When N → ∞, alpha → 0, meaning infinitely long "memory" 2. Practically: You can set any period - even 100,000 bars 3. Flexibility: Alpha allows precise control over the "forgetting speed" How Does It Work? The magic lies in the Alpha parameter. While regular EMAs use fixed formulas, this indicator gives you direct control over the EMA's "memory" through Alpha values: • High Alpha (0.1-0.2): Fast reaction, short memory • Medium Alpha (0.01-0.05): Balanced response • Low Alpha (0.0001-0.001): Extremely slow reaction, very long memory • Ultra-low Alpha (0.000001): Almost frozen in time The Mathematical Formula: Alpha = 2 / (Period + 1) This means you can achieve any EMA period by adjusting Alpha, giving you infinite flexibility! Expanded "Infinite EMA" Table: Period EMA (N) - Alpha (Rounded) - Alpha (Exact) - Description 10 - 0.1818 - 0.181818... - Fast EMA 20 - 0.0952 - 0.095238... - Short-term 50 - 0.0392 - 0.039215... - Medium-term 100 - 0.0198 - 0.019801... - Long-term 200 - 0.0100 - 0.009950... - Standard long-term 500 - 0.0040 - 0.003996... - Very long-term 1,000 - 0.0020 - 0.001998... - Super long-term 2,000 - 0.0010 - 0.000999... - Ultra long-term 5,000 - 0.0004 - 0.000399... - Mega long-term 10,000 - 0.0002 - 0.000199... - Giga long-term 25,000 - 0.00008 - 0.000079... - Century-scale EMA 50,000 - 0.00004 - 0.000039... - Practically motionless 100,000 - 0.00002 - 0.000019... - "Glacial" EMA 500,000 - 0.000004 - 0.000003... - Geological timescale 1,000,000 - 0.000002 - 0.000001... - Approaching constant 5,000,000 - 0.0000004 - 0.0000003... - Virtually static 10,000,000 - 0.0000002 - 0.0000001... - Nearly flat line 100,000,000 - 0.00000002 - 0.00000001... - Mathematical infinity Formula: Alpha = 2/(N+1) where N is the EMA period Key Features: Dual EMA System: Run fast and slow EMAs simultaneously Crossover Signals: Automatic buy/sell signals with customizable alerts Alpha Control: Direct mathematical control over EMA behavior Infinite Periods: From 1 to 100,000,000+ bars Visual Customization: Colors, fills, backgrounds, signal sizes Instant Start: Works accurately from the very first bar Update Intervals: Control calculation frequency for noise reduction Why Choose Infinite EMA? 1. Unlimited Flexibility: Any period you can imagine 2. Mathematical Precision: Direct alpha control for exact behavior 3. Professional Grade: Suitable for all trading styles 4. Easy to Use: Simple settings with powerful results 5. No Warm-up Period: Accurate values from bar #1 Simple Explanation: Think of EMA as a "memory system": • High Alpha = Short memory (forgets quickly, reacts fast) • Low Alpha = Long memory (remembers everything, moves slowly) With Infinite EMA, you can set the "memory length" to anything from seconds to centuries! ⚡ Instant Start Feature - EMA from First Bar Immediate Calculation from Bar #1 Unlike traditional EMA indicators that require a "warm-up period" of N bars before showing accurate values, Infinite EMA starts working immediately from the very first bar on your chart. How It Works: Traditional EMA Problem: • Standard 200-period EMA: Needs 200+ bars to become accurate • First 200 bars: Shows incorrect/unstable values • Result: Large portions of historical data are unusable Infinite EMA Solution: Bar #1: EMA = Current Price (perfect starting point) Bar #2: EMA = Alpha × Price + (1-Alpha) × Previous EMA Bar #3: EMA = Alpha × Price + (1-Alpha) × Previous EMA ...and so on Key Benefits: No Warm-up Period: Start trading signals from day one Full Chart Coverage: Every bar has a valid EMA value Historical Accuracy: Backtesting works on entire dataset New Markets: Works perfectly on newly listed assets Short Datasets: Effective even with limited historical data Practical Impact: Scenario Traditional EMA Infinite EMA New cryptocurrency Unusable for first 200 days ✅ Works from day 1 Limited data (< 200 bars) Inaccurate values ✅ Fully functional Backtesting Must skip first 200 bars ✅ Test entire history Real-time trading Wait for stabilization ✅ Trade immediately Technical Implementation: if barstate.isfirst EMA := currentPrice // Perfect initialization else EMA := alpha × currentPrice + (1-alpha) × previousEMA This smart initialization ensures mathematical accuracy from the very first calculation, eliminating the traditional EMA "ramp-up" problem. Why This Matters: For Backesters: Use 100% of available data For Live Trading: Get signals immediately on any timeframe For Researchers: Analyze complete datasets without gaps Bottom Line: Infinite EMA is ready to work the moment you add it to your chart - no waiting, no warm-up, no exceptions! Unlike traditional EMAs that require a "warm-up period" of 200+ bars before showing accurate values, Infinite EMA starts working immediately from bar #1. This breakthrough eliminates the common problem where the first portion of your chart shows unreliable EMA data. Whether you're analyzing a newly listed cryptocurrency, working with limited historical data, or backtesting strategies, every single bar provides mathematically accurate EMA values. No more waiting periods, no more unusable data sections - just instant, reliable trend analysis from the moment you apply the indicator to any chart. 🔄 Update Interval Bars Feature The Update Interval feature allows you to control how frequently the EMA recalculates, providing flexible noise filtering without changing the core mathematics. Set to 1 for standard behavior (updates every bar), or increase to 5-10 for smoother signals that update less frequently. Higher intervals reduce market noise and false signals but introduce slightly more lag. This is particularly useful on volatile timeframes where you want the EMA's directional bias without every minor price fluctuation affecting the calculation. Perfect for swing traders who prefer cleaner, more stable trend lines over hyper-responsive indicators. Conclusion The Infinite EMA transforms the traditional EMA from a fixed-period tool into a precision instrument with unlimited flexibility. By understanding the Alpha-Period relationship, traders can create custom EMAs that perfectly match their trading style, timeframe, and market conditions. The "infinite" nature comes from the ability to set any period imaginable - from ultra-fast 2-bar EMAs to glacially slow 10-million-bar EMAs, all controlled through a single Alpha parameter. ________________________________________ Whether you're a beginner looking for simple trend following or a professional researcher analyzing century-long patterns, Infinite EMA adapts to your needs. The power of infinite periods is now in your hands! 🚀 Go forward to the horizon. When you reach it, a new one will open up. - J. P. Morgan
Penunjuk Pine Script®
oleh Sesilya
BPS Multi-MA 5 — 22/30, SMA/WMA/EMA# Multi-MA 5 — 22/30 base, SMA/WMA/EMA **What it is** A lightweight 5-line moving-average ribbon for fast visual bias and trend/mean-reversion reads. You can switch the MA type (SMA/WMA/EMA) and choose between two ways of setting lengths: by monthly “session-based” base (22 or 30) with multipliers, or by entering exact lengths manually. An optional info table shows the effective settings in real time. --- ## How it works * Calculates five moving averages from the selected price source. * Lengths are either: * **Multipliers mode:** `Base × Multiplier` (e.g., base 22 → 22/44/66/88/110), or * **Manual mode:** any five exact lengths (e.g., 10/22/50/100/200). * Plots five lines with fixed legend titles (MA1…MA5); the **info table** displays the actual type and lengths. --- ## Inputs **Length Mode** * **Multipliers** — choose a **Base** of **22** (≈ trading sessions per month) or **30** (calendar-style, smoother) and set **×1…×5** multipliers. * **Manual** — enter **Len1…Len5** directly. **MA Settings** * **MA Type:** SMA / WMA / EMA * **Source:** any series (e.g., `close`, `hlc3`, etc.) * **Use true close (ignore Heikin Ashi):** when enabled, the MA is computed from the underlying instrument’s real `close`, not HA candles. * **Show info table:** toggles the on-chart table with the current mode, type, base, and lengths. --- ## Quick start 1. Add the indicator to your chart. 2. Pick **MA Type** (e.g., **WMA** for faster response, **SMA** for smoother). 3. Choose **Length Mode**: * **Multipliers:** set **Base = 22** for session-based monthly lengths (stocks/FX), or **30** for heavier smoothing. * **Manual:** enter your exact lengths (e.g., 10/22/50/100/200). 4. (Optional) On **Heikin Ashi** charts, enable **Use true close** if you want the lines based on the instrument’s real close. --- ## Tips & notes * **1 month ≈ 21–22 sessions.** Using 30 as “monthly” yields a smoother, more delayed curve. * **WMA** reacts faster than **SMA** at the same length; expect earlier signals but more whipsaws in chop. * **Len = 1** makes the MA track the chosen source (e.g., `close`) almost exactly. * If changing lengths doesn’t move the lines, ensure you’re editing fields for the **active Length Mode** (Multipliers vs Manual). * For clean comparisons, use the **same timeframe**. If you later wrap this in MTF logic, keep `lookahead_off` and handle gaps appropriately. --- ## Use cases * Trend ribbon and dynamic bias zones * Pullback entries to the mid/slow lines * Crossovers (fast vs slow) for confirmation * Volatility filtering by spreading lengths (e.g., 22/44/88/132/176) --- **Credits:** Built for clarity and speed; designed around session-based “monthly” lengths (22) or smoother calendar-style (30).
Penunjuk Pine Script®
oleh wepritz84
FUMO 200 MagnetWhat it does FUMO Magnet measures how far price has stretched away from its long-term “magnet” — a blended EMA/SMA moving average (200 by default). It plots a logarithmic deviation (optionally normalized) as an oscillator around zero. Above 0** → price is above the magnet (stretched up) Below 0** → price is below the magnet (stretched down) Guide levels** highlight potential overbought/oversold zones --- Why log deviation? Log returns make extremes comparable across cycles and compress exponential trends — especially useful for BTC and other crypto assets. Normalization modes further adjust the scale, keeping the oscillator readable on any chart. --- Inputs **Base** * Source (default: Close) * Base Length (default: 200 EMA/SMA) * EMA vs SMA weight (%) — 0% = pure SMA, 100% = pure EMA, 50% = blended * EMA smoothing of deviation — acts as a noise filter **Normalization** * None (Log Deviation) — raw log stretch in % terms * Z-score — deviation in standard deviations (σ) * Robust Z (MAD) — deviation vs median absolute deviation, resistant to outliers * Tanh squash — smooth nonlinear squash of extremes for compact scale * Normalization window (for Z / MAD) * Tanh scale (lower = stronger squash) * Clamp after normalization — hard cap at ±X **Levels** * Guide levels (Upper / Lower) — visual thresholds (default ±12) * Zero line toggle --- ### How to read it * **Trend bias**: sustained time above 0 = uptrend, below 0 = downtrend * **Stretch / mean reversion**: the farther from 0, the higher the reversion risk * **Cross-checks**: combine with structure (HH/HL, LH/LL), volume, or momentum (RSI, MACD) --- ### Recommended settings by timeframe **Long-term (1D / 1W)** * Normalization: None (Log Deviation) * Base Length: 200 * EMA vs SMA weight: 50% (adjust 35–65% for faster/slower magnet) * Deviation smoothing: 20 (10–30 range) * Guide levels: ±12 to ±20 * Use case: cycle extremes, portfolio rebalancing, trim/add logic **Swing (4H – 1D)** * Normalization: Z-score * Window: 200 (100–250) * Smoothing: 14–20 * Guide levels: ±2σ to ±3σ * Use case: stretched conditions across regimes; ±3σ is rare, often mean-reverts **Intraday / Active swing (1H – 4H)** * Normalization: Robust Z (MAD) * Window: 200 (150 for faster response) * Smoothing: 10–16 * Guide levels: ±3 to ±4 (robust units) * Use case: handles spikes better than σ, fewer false overbought/oversold signals **Scalping / Universal readability (15m – 1H)** * Normalization: Tanh squash * Tanh scale: 6–10 (start with 8) * Smoothing: 8–12 * Guide levels: ±8 to ±12 * Use case: compact panel across assets and timeframes; not % or σ, but visually consistent --- ### Optional * Clamp: enable ±20 (or ±25) for strict bounded range (useful for public charts) --- ### Quick setups **BTC Daily (“cycle view”)** * Normalization: None * Blend: 50% * Smooth: 20 * Levels: ±12–15 **BTC 4H (“swing”)** * Normalization: Z-score * Window: 200 * Smooth: 16 * Levels: ±2.5σ to ±3σ **Alts 1H (“volatile”)** * Normalization: Robust Z (MAD) * Window: 200 * Smooth: 12 * Levels: ±3.5 to ±4.5 **Mixed assets 15m (“compact panel”)** * Normalization: Tanh squash * Scale: 8 * Smooth: 10 * Levels: ±8–12 * Clamp: ±20
Penunjuk Pine Script®
oleh deerHunter2049
Multi EMA Cross with EMA ConfluenceMulti EMA Cross with EMA Confluence This indicator combines the power of multiple EMA crossovers with a higher-timeframe confluence filter to help traders visualize potential bullish and bearish conditions on their charts. Two groups of EMAs work together to establish alignment: Group 1 (Fast / Slow Pair) – Shorter-term momentum shifts Group 2 (Fast / Slow Pair) – Broader trend confirmation On top of that, an optional Confluence EMA (default 200 EMA) acts as an additional filter, ensuring that signals align with the larger market trend. Key features: Customizable EMA lengths, colors, and confluence settings Background highlighting when conditions align bullish or bearish Clear buy/sell labels when new conditions trigger Flexible enough to adapt across timeframes and trading styles This tool is designed to enhance chart clarity and help you stay aligned with momentum and trend. It is not meant to replace your own analysis but rather to complement it. Disclaimer: This script is for educational and informational purposes only. It is not financial advice. Trading involves risk, and you should always do your own research or consult with a licensed financial professional before making investment decisions.
Penunjuk Pine Script®
oleh Dreeco7
EMA21/SMA21 + ATR Bands SuiteThe EMA/SMA + ATR Bands Suite is a powerful technical overlay built around one of the most universally respected zones in trading: the 21-period moving average. By combining both the EMA21 and SMA21 into a unified framework, this tool defines the short-term mean with greater clarity and reliability, offering a more complete picture of trend structure, directional bias, and price equilibrium. These two moving averages serve as the central anchor — and from them, the script dynamically calculates adaptive ATR bands that expand and contract with market volatility. Whether you trade breakouts, pullbacks, or reversion setups, the 21 midline combined with ATR extensions offers a powerful lens for real-time market interpretation — adaptable to any timeframe or asset. 🔍 What's Inside? ✅ EMA21 + SMA21 Full Plots and Reduced-History Segments using arrays: Enable full plots or segmented lines for the most recent candles only with automatic color coding. The reduced-history plots are perfect for reducing clutter on your chart. ✅ ATR Bands (2.5x & 5x): Adaptive ATR-based volatility envelopes plotted around the midline (EMA21 + SMA21) to indicate: 🔸Potential reversion zones. 🔸Trend continuation breakouts. 🔸Dynamic support/resistance levels. 🔸 Expanding or contracting volatility states 🔸 Trend-aware color changes — yellow when both bands are rising, purple when falling, and gray when direction is mixed ✅ Dual MA Fills (EMA21/SMA21): Visually track when short-term momentum shifts using a fill between EMA21 and SMA21 ✅ EMA5 & EMA200 Labels: Display anchored labels with rounded values + % difference from price, helping you track short-term + macro trends in real-time. ✅ Intelligent Bar Coloring Bars are automatically colored based on both price direction and position relative to the EMA/SMA. This provides instant visual feedback on trend strength and structural alignment — no need to second-guess the market tone. ✅ Dynamic Close Line Tools: Track recent price action with flexible close-following lines ✅ RSI Overlay on Candles: Optional RSI + RSI SMA displayed above the current bar, with automatic color logic. 🎯 Use Cases ➖Trend Traders can identify when price is stacked bullishly across moving averages and breaking above ATR zones. ➖Mean Reversion Traders can fade extremes at 2.5x or 5x ATR zones. ➖Scalpers get immediate trend insight from colored bar overlays and close-following lines. ➖Swing Traders can combine multi-timeframe EMAs with volatility thresholds for higher confluence. 📌 Final Note: As powerful as this script can be, no single indicator should be used in isolation. For best results, combine it with price action analysis, higher-timeframe context, and complementary tools like trendlines, moving averages, or support/resistance levels. Use it as part of a well-rounded trading approach to confirm setups — not to define them alone.
Penunjuk Pine Script®
oleh MYNAMEISBRANDON
6
Multi-Timeframe 200 EMAMulti-Timeframe 200 EMA Indicator This indicator plots five 200-period Exponential Moving Averages (EMAs) on your chart, each from a different timeframe: 1-hour, 2-hour, 4-hour, 8-hour, and 1-day. What It Does: Analyzes Higher Timeframes: It uses the request.security() function to fetch data from higher timeframes. This allows you to see significant long-term support and resistance levels from higher timeframes, all on your current chart. Customizable: You can easily turn each EMA line on or off individually in the indicator's settings. By default, the 1-hour and 1-day EMAs are off, so you can focus on the intermediate timeframes right away. Clean and Simple: The indicator is designed to be clean and easy to read, with different colors for each EMA line to help you quickly identify the different timeframes at a glance. This is a powerful tool for trend analysis and identifying key price levels, helping you make more informed trading decisions.
Penunjuk Pine Script®
oleh andreaspastor
Weekly and Daily EMA levelsThis Pine Script indicator provides important weekly and daily levels for lower time frame traders, whom trades based on reaction of these levels. Dedicated to Prof Michael G Key Features: Multi-timeframe EMAs: Shows 12, 21, 50, 100, and 200 period EMAs from both Weekly and Daily timeframes Horizontal dotted lines: Uses plot.style_linebr to create the dotted/dashed line effect Works on all timeframes: The lines will appear on any chart timeframe you're viewing Customizable: Individual toggles for each EMA period and timeframe Settings Available: Toggle Weekly/Daily EMAs on/off Enable/disable individual EMA periods (12, 21, 50, 100, 200) Customize colors for each EMA line Adjust line width Optional labels showing current EMA values How to Use: Copy the code into TradingView's Pine Editor Click "Add to Chart" Adjust settings in the indicator's Style tab as needed The weekly EMAs appear with slightly more opacity (30%) while daily EMAs have higher transparency (60%) to help distinguish between timeframes. The lines will automatically update as new bars form and will be visible regardless of what timeframe you're currently viewing on your chart.
Penunjuk Pine Script®
oleh aminbehravan