OPEN-SOURCE SCRIPT

MTF EMA Directional Bias -1hr and 4hr

91
A compact, fixed-position table (bottom-right corner) that shows the current slope direction of two higher-timeframe EMAs:

4H EMA 50 → direction over the last 2 bars (UP ↑, DOWN ↓, or FLAT ⏸)
1H EMA 21 → direction over the last 2 bars (UP ↑, DOWN ↓, or FLAT ⏸)

Background color logic:

Green → both 4H and 1H EMAs are sloping upward
Red → both 4H and 1H EMAs are sloping downward
Gray → mixed or flat directions (no confluence)

Additionally draws the actual 1H EMA-21 (purple) and 4H EMA-50 (red) as step-lines on the chart.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.