OPEN-SOURCE SCRIPT

Multi Time Frame EMA Signal & Resistance

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Full code and description: github.com/samgozman/MTF-EMA-Signal-and-Resistance

The idea of this script is quite simple. Imagine that you have a 200-day EMA and its support or resistance line is the 200-week EMA.
Then if EMA 200 1D > EMA 200 1W then the trend is bullish.

That is, EMA 200 1D is the signal line, and EMA 200 1W is the resistance.
Of course, you can independently set the time interval for the signal line and resistance, as well as the number of periods.

In addition to setting time intervals and period lengths, you can optionally enable the display of additional class EMAs.
You can also set the timeframe for the signal line equal to the current time period.
Notes de version
Chart update
Exponential Moving Average (EMA)mtfmulttimeframe

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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