Indicator · Pine Script v5 · On the chart

V14 4H EMA Trend with 15M Entries

by snoozie-v

An indicator that sets trend direction from a fast and slow EMA on four-hour data, then looks for a crossover of the same EMAs on the chart timeframe, intended as fifteen minutes, in that direction.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code248
Settings12inputs
LicenceNone stated
Last update7 months ago13 Mar 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  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

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

An optional volume-above-average check and a cooldown filter signals. Each signal gets an ATR-based stop and take profit, drawn as lines and labels, with an optional exit on trend reversal and simulated win and loss labels.

Details

Published by

snoozie-v on GitHub

Draws

On the price chart

Markets

Crypto

Timeframes

M15-H1

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 Fast Lengthint9ema_fast_len
EMA Slow Lengthint25ema_slow_len
Volume SMA Lengthint20vol_sma_len
ATR Lengthint14atr_len
Stop Loss Multiplierfloat1.5stop_mult
Take Profit Multiplierfloat3.0tp_mult
Require Volume Confirmationbooltrueuse_volume
Exit on Trend Reversalbooltrueexit_on_reversal
Cooldown Barsint4cooldown_bars
Show TP/SL Linesbooltrueshow_tp_sl_lines
Show Trade Plan Labelsbooltrueshow_trade_labels
Show Historical Win/Lossbooltrueshow_historical
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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