Multi Timeframe Indian Stocks Trends

This script, "Multi Timeframe Indian Stocks Trends," is designed for swing trading in the Indian stock market, with a specific focus on Nifty50. It provides a comprehensive view of trends across multiple timeframes: 1-hour, 4-hour, Daily, Weekly, and Monthly.

Key Features:

Multi-Timeframe Analysis: Gain insights into trends across 1H, 4H, D, W, and M timeframes, helping you make informed swing trading decisions.
Trend Calculation Methods: Choose between two popular trend calculation methods:
Supertrend: A widely used indicator that identifies trend direction and provides potential entry and exit points.

EMA (Exponential Moving Average): Utilizes the relationship between a fast and slow EMA to determine trend direction.
Customizable Trend Table: A clear and concise table displays the trend direction for each selected timeframe, making it easy to grasp the overall market sentiment.
Nifty50 Reference: The script is tailored for Indian stocks and includes a reference to Nifty50, allowing you to gauge the broader market trend.
Visual Customization: Adjust the colors of the trend table, background, and text to suit your preferences.

Adjustable Settings: Fine-tune the parameters for Supertrend (ATR Length, Factor) and EMA (Fast EMA, Slow EMA) to optimize the indicator for your trading style.
This script is ideal for traders who want to:

1. Identify swing trading opportunities in Indian stocks.
   
2. Confirm trends across various timeframes.
   
3. Utilize either Supertrend or EMA for trend analysis.
   
4. Have a quick and clear overview of market trends.
   

By providing a multi-timeframe perspective and customizable trend analysis, this script empowers traders to make more confident and well-informed swing trading decisions in the Indian stock market.