This indicator analyzes short-term price action on index futures and options charts by applying Rational Quadratic kernel smoothing to detect sideways consolidation ranges and potential breakouts. It processes pivot highs and lows over customizable loopback pe
Indicator · Pine Script v4 · On the chart
Multi Time Frame EMA Signal & Resistance
This indicator plots a multi-timeframe exponential moving average on the price chart.
Repaints
GitHub stars3on the repository
Pine versionv4older, still runs
Lines of code34
Settings7inputs
LicenceNone stated
Last update4 years ago29 Jun 2022
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Multi Time Frame EMA Signal & Resistance requests the same EMA length from a signal timeframe and a resistance timeframe, then colors the signal line green when it is above the resistance line and red when it is below. Defaults use a 200-period EMA on the daily and weekly charts. Optional current-chart EMAs of 20 and 50 periods can be shown. Length, source, and both timeframes are adjustable. Higher-timeframe values can change until those bars close.
- Signal EMA from a chosen timeframe
- Resistance EMA from a second timeframe
- Green or red color by relative position
- Optional 20 and 50 period EMAs
- Adjustable source, length, and timeframes
Details
Published by
samgozman on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Trend, Moving averages, Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA Source | source | close | src |
| Signal/Resistance EMA Length | int | 200 | ema_main_len |
| Signal EMA timeframe | timeframe | D | ema_main_time_1 |
| Resistance EMA timeframe | timeframe | W | ema_main_time_2 |
| Display classic EMA's | bool | true | display_classic |
| Middle EMA Length | int | 50 | ema_middle_classic_len |
| Fast EMA Length | int | 20 | ema_fast_classic_len |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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