OPEN-SOURCE SCRIPT
Trend-following MTF EMA Entries [CocoChoco]
**MTF EMA Entries [CocoChoco]** is a multi-timeframe trend-following indicator designed to identify high-probability entry points using EMA alignment and trend strength confirmation.
The script evaluates price relative to a configurable EMA (default 20) across three timeframes: a lower “execution” TF and two higher TFs.
A directional bias is established when price is above/below the EMA *and* the EMA slope confirms momentum (rising for longs, falling for shorts).
Trade signals are generated only when all three timeframes are fully aligned in the same direction.
To filter out weak or ranging conditions, an ADX-based strength filter (default threshold: 18) is applied on the execution timeframe, requiring increasing trend strength before allowing entries.
**Entries**
* Long: All timeframes bullish (price > EMA + rising EMA) + ADX confirmation
* Short: All timeframes bearish (price < EMA + falling EMA) + ADX confirmation
* Signals trigger once per move (no repeated entries)
**Exits**
* Triggered on price crossing back through the EMA on the execution timeframe
**Features**
* Optional EMA overlay
* Clean entry/exit markers
* Real-time dashboard showing trend alignment across timeframes
* Alert conditions for bullish and bearish entries
Best suited for traders seeking structured, trend-aligned entries with built-in momentum confirmation.
The script evaluates price relative to a configurable EMA (default 20) across three timeframes: a lower “execution” TF and two higher TFs.
A directional bias is established when price is above/below the EMA *and* the EMA slope confirms momentum (rising for longs, falling for shorts).
Trade signals are generated only when all three timeframes are fully aligned in the same direction.
To filter out weak or ranging conditions, an ADX-based strength filter (default threshold: 18) is applied on the execution timeframe, requiring increasing trend strength before allowing entries.
**Entries**
* Long: All timeframes bullish (price > EMA + rising EMA) + ADX confirmation
* Short: All timeframes bearish (price < EMA + falling EMA) + ADX confirmation
* Signals trigger once per move (no repeated entries)
**Exits**
* Triggered on price crossing back through the EMA on the execution timeframe
**Features**
* Optional EMA overlay
* Clean entry/exit markers
* Real-time dashboard showing trend alignment across timeframes
* Alert conditions for bullish and bearish entries
Best suited for traders seeking structured, trend-aligned entries with built-in momentum confirmation.
开源脚本
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。