OPEN-SOURCE SCRIPT
Multi EMA Cross with EMA Confluence
Multi EMA Cross with EMA Confluence
This indicator combines the power of multiple EMA crossovers with a higher-timeframe confluence filter to help traders visualize potential bullish and bearish conditions on their charts.
Two groups of EMAs work together to establish alignment:
Group 1 (Fast / Slow Pair) – Shorter-term momentum shifts
Group 2 (Fast / Slow Pair) – Broader trend confirmation
On top of that, an optional Confluence EMA (default 200 EMA) acts as an additional filter, ensuring that signals align with the larger market trend.
Key features:
Customizable EMA lengths, colors, and confluence settings
Background highlighting when conditions align bullish or bearish
Clear buy/sell labels when new conditions trigger
Flexible enough to adapt across timeframes and trading styles
This tool is designed to enhance chart clarity and help you stay aligned with momentum and trend. It is not meant to replace your own analysis but rather to complement it.
Disclaimer: This script is for educational and informational purposes only. It is not financial advice. Trading involves risk, and you should always do your own research or consult with a licensed financial professional before making investment decisions.
This indicator combines the power of multiple EMA crossovers with a higher-timeframe confluence filter to help traders visualize potential bullish and bearish conditions on their charts.
Two groups of EMAs work together to establish alignment:
Group 1 (Fast / Slow Pair) – Shorter-term momentum shifts
Group 2 (Fast / Slow Pair) – Broader trend confirmation
On top of that, an optional Confluence EMA (default 200 EMA) acts as an additional filter, ensuring that signals align with the larger market trend.
Key features:
Customizable EMA lengths, colors, and confluence settings
Background highlighting when conditions align bullish or bearish
Clear buy/sell labels when new conditions trigger
Flexible enough to adapt across timeframes and trading styles
This tool is designed to enhance chart clarity and help you stay aligned with momentum and trend. It is not meant to replace your own analysis but rather to complement it.
Disclaimer: This script is for educational and informational purposes only. It is not financial advice. Trading involves risk, and you should always do your own research or consult with a licensed financial professional before making investment decisions.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。