PROTECTED SOURCE SCRIPT

Custom-EMA Bias Dashboard

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EMA 12/21 Bias Dashboard (v6)
A clean multi-timeframe dashboard that shows bullish/bearish/neutral bias based on the 12/21 EMA cross for your chosen timeframes (1M, 1W, 1D, 4H, 1H). Great for quick top-down context before you hunt setups on your execution TF.

How it works

For each selected TF, the script compares EMA(fastLen) vs EMA(slowLen) (defaults 12/21).

BULLISH if fast EMA > slow EMA, BEARISH if fast EMA < slow EMA, NEUTRAL if equal.

Values are pulled via request.security(); the table renders once per bar for performance.

Inputs

Fast EMA / Slow EMA: default 12 & 21.

Timeframes to show: 1M, 1W, 1D, 4H, 1H (toggle any).

Table position & text size: choose corner and label size.

Colors: set bullish/bearish/neutral and header styling.

Notes (important)

No lookahead: default Pine behavior (no repainting due to lookahead).

HTF updates: Higher-timeframe (HTF) values only finalize on that TF’s bar close. During an open HTF candle, bias can flip as price evolves. This is normal for MTF dashboards.

Educational use: This is a context tool, not a signal generator. Combine with your process (structure, volume, risk, etc.).

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