Indicator · Pine Script v5 · On the chart

Stella's Multi-EMA Crossover

by stella-entry

This indicator plots four exponential moving averages on the price chart and compares their order.

View on GitHub

GitHub stars3on the repository
Pine versionv5runs as is
Lines of code60
Settings4inputs
LicenceMIT
Last update8 months ago22 Feb 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

60 lines of Pine Script v5 from indicators/multi-ema-crossover.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

multi-ema-crossover.pine
//@version=5
indicator("Stella's Multi-EMA Crossover", shorttitle="MEMA", overlay=true)

// Multi-EMA Crossover Indicator
// Shows trend alignment across multiple timeframes

// EMA Periods
ema1_len = input(9, "EMA 1 (Fast)")
ema2_len = input(21, "EMA 2 (Medium)")
ema3_len = input(55, "EMA 3 (Slow)")
ema4_len = input(200, "EMA 4 (Trend)")

// Calculate EMAs
ema1 = ta.ema(close, ema1_len)
ema2 = ta.ema(close, ema2_len)
ema3 = ta.ema(close, ema3_len)
ema4 = ta.ema(close, ema4_len)

// Trend Alignment
all_bull = ema1 > ema2 and ema2 > ema3 and ema3 > ema4
all_bear = ema1 < ema2 and ema2 < ema3 and ema3 < ema4

// Partial Alignment (3 EMAs)
partial_bull = ema1 > ema2 and ema2 > ema3
partial_bear = ema1 < ema2 and ema2 < ema3

// Crossover signals
cross_up_1_2 = ta.crossover(ema1, ema2)
cross_dn_1_2 = ta.crossunder(ema1, ema2)
cross_up_2_3 = ta.crossover(ema2, ema3)
cross_dn_2_3 = ta.crossunder(ema2, ema3)

// Plot EMAs
plot(ema1, "EMA " + str.tostring(ema1_len), color=color.new(color.yellow, 0), linewidth=2)
plot(ema2, "EMA " + str.tostring(ema2_len), color=color.new(color.orange, 0), linewidth=2)
plot(ema3, "EMA " + str.tostring(ema3_len), color=color.new(color.blue, 0), linewidth=2)
plot(ema4, "EMA " + str.tostring(ema4_len), color=color.new(color.purple, 0), linewidth=3)

// Fill trend area
ema_fill_color = all_bull ? color.new(color.green, 80) : all_bear ? color.new(color.red, 80) : na
fill(plot(ema1, display=display.none), plot(ema4, display=display.none), color=ema_fill_color)

// Signals
plotshape(cross_up_1_2 and ema1 > ema4, "Fast Cross Up", shape.triangleup, location.belowbar, color.green, size=size.tiny)
plotshape(cross_dn_1_2 and ema1 < ema4, "Fast Cross Down", shape.triangledown, location.abovebar, color.red, size=size.tiny)

// Strong signals (3+ EMAs aligned)
plotshape(all_bull and not all_bull[1], "Full Bull Align", shape.labelup, location.belowbar, color.green, text="BUY", textcolor=color.white, size=size.small)
plotshape(all_bear and not all_bear[1], "Full Bear Align", shape.labeldown, location.abovebar, color.red, text="SELL", textcolor=color.white, size=size.small)

// Trend Strength Bar
trend_score = (ema1 > ema2 ? 1 : -1) + (ema2 > ema3 ? 1 : -1) + (ema3 > ema4 ? 1 : -1)
trend_bar_color = trend_score >= 2 ? color.green : trend_score <= -2 ? color.red : color.gray
plotshape(trend_score, "Trend Score", shape.circle, location.bottom, trend_bar_color, size=size.tiny, display=display.data_window)

// Alerts
alertcondition(all_bull and not all_bull[1], "Full Bullish Alignment", "All EMAs aligned bullish")
alertcondition(all_bear and not all_bear[1], "Full Bearish Alignment", "All EMAs aligned bearish")
alertcondition(cross_up_1_2, "Fast Cross Up", "EMA 1 crossed above EMA 2")
alertcondition(cross_dn_1_2, "Fast Cross Down", "EMA 1 crossed below EMA 2")

Overview

Stella's Multi-EMA Crossover marks a fast-over-medium crossover only when the fast average is on the same side of the trend average, and it draws buy or sell labels when all four averages become fully aligned. A translucent fill shows full bullish or bearish alignment. Length inputs change each average. A numeric trend score appears in the data window, and alerts fire on alignment and fast crosses. It does not issue exits or position rules.

Details

Published by

stella-entry on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Trend, Moving averages

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
EMA 1 (Fast)int9ema1_len
EMA 2 (Medium)int21ema2_len
EMA 3 (Slow)int55ema3_len
EMA 4 (Trend)int200ema4_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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