OPEN-SOURCE SCRIPT
EMA's [Ordinary Trader]
EMAs by [Ordinary Trader]Plots two parallel stacks of three EMAs — one anchored to a Higher Timeframe of your choice, one following the chart's current timeframe. Built around the Ordinary Trader methodology, where the 15-minute 50 / 100 / 300 EMA stack acts as a higher-timeframe directional filter while trading on lower timeframes.
**WHAT YOU SEE ON THE CHART**
Six EMAs total, split into two groups:
- **HTF EMAs** — three EMAs locked to a higher timeframe of your choice (default 15-minute). They stay anchored to 15-minute data even when you drop the chart to 1m, 3m, or 5m. Drawn as **thick** lines.
- **LTF EMAs** — three EMAs that follow the chart's current timeframe (or any specific lower timeframe you pin them to). Drawn as **thin** lines.
Same colour for the same EMA length across both groups: 50 = sage green, 100 = terracotta orange, 300 = purple-grey. Thickness tells you which timeframe you're looking at; colour tells you which EMA length.
**HOW TO USE IT**
The default setup is the Ordinary Trader 15-minute filter: HTF set to 15-minute, LTF following the chart. Pull up a 1m, 3m, or 5m chart and you'll see both groups at once — the thick lines are your 15-minute anchor, the thin lines are your chart-timeframe stack for entries.
By default the 50 and 100 EMAs are on in both groups; the 300 EMA is off but available. Flip it on in the Settings panel if you want the full stack.
**AUTO-HIDE FOR THE LTF GROUP**
When your chart timeframe is equal to or higher than the HTF timeframe, the LTF group hides automatically. So on a 15-minute chart (with HTF still at 15-minute) only the HTF group shows — no point drawing the LTF stack on top of an identical HTF stack. Same on the 1-hour, daily, or higher.
**VISUAL SMOOTHING**
When a higher-timeframe EMA is plotted on a lower-timeframe chart, it naturally looks stepped — each new HTF bar updates the EMA in one chunk, so the line moves in jumps rather than smoothly. The Visual Smoothing option (on by default) applies a light smoothing pass so the line reads cleanly on lower-timeframe charts. It trades a tiny amount of lag for a cleaner look — turn it off if you'd rather see the raw, stepped HTF values.
**SETTINGS**
- **General** — LTF Timeframe, HTF Timeframe, Plot Style (Line / Stepline), Visual Smoothing on/off + length
- **HTF EMAs** — toggle, length, and price source for each of the three HTF EMAs
- **LTF EMAs** — toggle, length, and price source for each of the three LTF EMAs
**NOTES**
- Pairs naturally with the other Ordinary Trader-family indicators (STRATEGY, ZONES, KEY LEVELS, FVGs).
**WHAT YOU SEE ON THE CHART**
Six EMAs total, split into two groups:
- **HTF EMAs** — three EMAs locked to a higher timeframe of your choice (default 15-minute). They stay anchored to 15-minute data even when you drop the chart to 1m, 3m, or 5m. Drawn as **thick** lines.
- **LTF EMAs** — three EMAs that follow the chart's current timeframe (or any specific lower timeframe you pin them to). Drawn as **thin** lines.
Same colour for the same EMA length across both groups: 50 = sage green, 100 = terracotta orange, 300 = purple-grey. Thickness tells you which timeframe you're looking at; colour tells you which EMA length.
**HOW TO USE IT**
The default setup is the Ordinary Trader 15-minute filter: HTF set to 15-minute, LTF following the chart. Pull up a 1m, 3m, or 5m chart and you'll see both groups at once — the thick lines are your 15-minute anchor, the thin lines are your chart-timeframe stack for entries.
By default the 50 and 100 EMAs are on in both groups; the 300 EMA is off but available. Flip it on in the Settings panel if you want the full stack.
**AUTO-HIDE FOR THE LTF GROUP**
When your chart timeframe is equal to or higher than the HTF timeframe, the LTF group hides automatically. So on a 15-minute chart (with HTF still at 15-minute) only the HTF group shows — no point drawing the LTF stack on top of an identical HTF stack. Same on the 1-hour, daily, or higher.
**VISUAL SMOOTHING**
When a higher-timeframe EMA is plotted on a lower-timeframe chart, it naturally looks stepped — each new HTF bar updates the EMA in one chunk, so the line moves in jumps rather than smoothly. The Visual Smoothing option (on by default) applies a light smoothing pass so the line reads cleanly on lower-timeframe charts. It trades a tiny amount of lag for a cleaner look — turn it off if you'd rather see the raw, stepped HTF values.
**SETTINGS**
- **General** — LTF Timeframe, HTF Timeframe, Plot Style (Line / Stepline), Visual Smoothing on/off + length
- **HTF EMAs** — toggle, length, and price source for each of the three HTF EMAs
- **LTF EMAs** — toggle, length, and price source for each of the three LTF EMAs
**NOTES**
- Pairs naturally with the other Ordinary Trader-family indicators (STRATEGY, ZONES, KEY LEVELS, FVGs).
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.