MTF EMAS

23. Juni 2022

Multi time frame EMA

This script will plot the configured EMAS on the current time frame (CTF) and also the same EMAS on a higher time frame (HTF).

Hard coded according:
* 5m EMAS will be plotted on TF bellow 5m
* Daily EMA will be plotted on TF above 5m and bellow 1D
* Weekly EMA will be plotted on daily TF
* Monthly EMA will be plotted on weekly TF

This configuration give us the opportunity to watch EMA support/resistance from HTF on the CTF

23. Juni 2022

Versionshinweise

some cleanups

23. Juni 2022

Versionshinweise

fix issue with security plot and change colors

23. Juni 2022

Versionshinweise

Update chart

23. Juni 2022

Versionshinweise

changed default ema 3 from 50 to 100

7. Okt. 2024

Versionshinweise

This advanced technical analysis indicator combines Multiple Timeframe Exponential Moving Averages (EMAs) with a customizable Volume Weighted Average Price (VWAP). It's designed to provide traders and analysts with a comprehensive view of price trends across different timeframes while also offering volume-based price analysis.

Key Features:

1. []Multi-Timeframe EMAs:
   • []Displays four EMAs on the current timeframe (CTF) []Shows four corresponding EMAs from a higher timeframe (HTF) []EMA periods are customizable (default: 12, 26, 100, 200) []Automatically adjusts higher timeframe based on the chart's current timeframe
   []Customizable VWAP:
   • []Option to show or hide VWAP []Customizable VWAP source (default: HLC3) []Adjustable VWAP anchor periods: Session (daily), Week, or Month
   []Visual Clarity:
   • []EMAs are color-coded for easy identification []CTF EMAs are displayed with thin lines, HTF EMAs with thicker lines
   • VWAP is plotted as a distinct blue line

Use Cases:

• []Trend Analysis: Use EMAs to identify short-term and long-term trends across multiple timeframes []Support/Resistance: Higher timeframe EMAs often act as dynamic support/resistance levels []Volume-Based Analysis: VWAP provides insights into the average price weighted by volume []Multi-Factor Decision Making: Combine EMA crossovers with VWAP positioning for potential trade signals

This indicator is suitable for various trading styles and can be applied to different financial instruments, including stocks, forex, and cryptocurrencies. It's particularly useful for traders who incorporate multiple timeframe analysis and volume considerations into their trading strategies.