Advanced MTF EMA Analyzer - Real-Time HTF

📊 ADVANCED MTF EMA ANALYZER - REAL-TIME HTF

🎯 WHAT IS THIS INDICATOR?

This advanced multi-timeframe EMA indicator displays up to 9 different timeframe EMAs on a single chart with smooth, real-time updating lines. Unlike traditional MTF indicators that show stepped/choppy lines, this analyzer provides fluid, continuously updating EMA lines by calculating them at your current timeframe resolution.

✨ KEY FEATURES

• 9 TIMEFRAME SUPPORT: Track EMAs across 15m, 30m, 1h, 2h, 4h, 6h, 8h, 12h, and 1D
• SMOOTH LINES: No more stepped/choppy higher timeframe lines - every candle updates smoothly
• REAL-TIME CALCULATION: Uses lookahead methodology to provide live HTF data on lower timeframes
• CUSTOMIZABLE EMA PERIOD: Choose any EMA length (default: 200)
• DISTANCE TABLE: Shows exact distance from price to each EMA in percentage terms
• SELECTIVE DISPLAY: Toggle any timeframe on/off individually
• COLOR-CODED: Each timeframe has a unique color for easy identification

🔧 HOW IT WORKS

The indicator fetches close prices from higher timeframes and applies EMA calculation on your current timeframe. For example, when viewing a 5-minute chart:
- 1 hour = 12 candles of 5m data
- 4 hours = 48 candles of 5m data
- Each 5m candle recalculates the EMA, creating smooth, fluid lines

This approach eliminates the traditional "stepped" appearance of higher timeframe indicators while maintaining accurate trend representation.

📋 DASHBOARD INFORMATION

The built-in table displays:
- Current price
- EMA values for each selected timeframe
- Percentage distance from price to each EMA
- Green (above EMA) / Red (below EMA) color coding

🎨 COLOR SCHEME

White: Current Timeframe | Yellow: 15m | Orange: 30m
Blue: 1h | Light Blue: 2h | Purple: 4h
Pink: 6h | Dark Purple: 8h | Dark Orange: 12h
Red: 1 Day

💡 BEST USE CASES

✓ Identifying multi-timeframe trend alignment
✓ Finding dynamic support/resistance levels
✓ Spotting trend strength across different periods
✓ Making better entry/exit decisions based on multiple timeframes
✓ Ideal for 5-minute charts with higher timeframe context

⚠️ DISCLAIMER

This indicator is for educational and informational purposes only. It should not be considered financial advice. Trading involves substantial risk of loss and is not suitable for everyone. Past performance does not guarantee future results. The use of "lookahead" functionality means this indicator may repaint historical values. Always perform your own analysis and consult with a qualified financial advisor before making trading decisions.

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👍 DID YOU FIND THIS USEFUL?

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📧 CONTACT for suggestions, bug reports, or feature requests

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📌 VERSION: 1.0
📅 RELEASE: 2026
🔄 UPDATES: Follow for notifications on new features and improvements

Thank you for using Advanced MTF EMA Analyzer!