OPEN-SOURCE SCRIPT
EMA 4H

This indicator is a streamlined trend-following tool designed specifically for the **4-Hour (4H)** timeframe. It combines two key Exponential Moving Averages (EMA) to help traders identify short-term momentum and dynamic support/resistance levels with reduced noise.
**Key Components:**
* **EMA 9 (Green Line):** The "Trigger" line. It reacts quickly to price action, representing immediate short-term momentum.
* **EMA 21 (Dark Blue Line):** The "Trend" line. It serves as a dynamic support/resistance zone and acts as a filter to keep you on the right side of the trend.
**Why the 4H Timeframe?**
The 4-hour chart offers a sweet spot between the noise of lower timeframes (15m, 1H) and the lag of daily charts. This setup allows for swing trading and intraday positioning with higher reliability.
**How to Use This Strategy:**
1. **Trend Identification (Crossovers):**
* **Bullish Bias:** When the EMA 9 crosses **above** the EMA 21. Look for long positions.
* **Bearish Bias:** When the EMA 9 crosses **below** the EMA 21. Look for short positions.
2. **Dynamic Support & Resistance (Pullbacks):**
* In a strong trend, price often pulls back to test the area between the EMA 9 and EMA 21. This "zone" often acts as a high-value entry point if price action shows rejection (wicks).
3. **Trend Strength:**
* **Wide Gap:** If the space between the Green and Blue lines is expanding, the trend is strengthening.
* **Narrow Gap:** If the lines are flat or intertwining, the market is ranging (choppy). It is best to wait for a breakout.
**Settings:**
* Default inputs are set to **9** and **21**, optimized for H4.
* Fully customizable via the settings menu to fit other strategies or assets (Crypto, Forex, Stocks).
**Disclaimer:**
This script is for educational and technical analysis purposes only. Always manage your risk and use stop losses.
**Key Components:**
* **EMA 9 (Green Line):** The "Trigger" line. It reacts quickly to price action, representing immediate short-term momentum.
* **EMA 21 (Dark Blue Line):** The "Trend" line. It serves as a dynamic support/resistance zone and acts as a filter to keep you on the right side of the trend.
**Why the 4H Timeframe?**
The 4-hour chart offers a sweet spot between the noise of lower timeframes (15m, 1H) and the lag of daily charts. This setup allows for swing trading and intraday positioning with higher reliability.
**How to Use This Strategy:**
1. **Trend Identification (Crossovers):**
* **Bullish Bias:** When the EMA 9 crosses **above** the EMA 21. Look for long positions.
* **Bearish Bias:** When the EMA 9 crosses **below** the EMA 21. Look for short positions.
2. **Dynamic Support & Resistance (Pullbacks):**
* In a strong trend, price often pulls back to test the area between the EMA 9 and EMA 21. This "zone" often acts as a high-value entry point if price action shows rejection (wicks).
3. **Trend Strength:**
* **Wide Gap:** If the space between the Green and Blue lines is expanding, the trend is strengthening.
* **Narrow Gap:** If the lines are flat or intertwining, the market is ranging (choppy). It is best to wait for a breakout.
**Settings:**
* Default inputs are set to **9** and **21**, optimized for H4.
* Fully customizable via the settings menu to fit other strategies or assets (Crypto, Forex, Stocks).
**Disclaimer:**
This script is for educational and technical analysis purposes only. Always manage your risk and use stop losses.
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。