OPEN-SOURCE SCRIPT
EMA Multi-TF Strategy + Red Filter
We're using a Cascade Trading (Multi-Timeframe) system, which is one of the most robust methods for avoiding being misled by market "noise."
🛡️ The Concept: Triple Confirmation
Your strategy is based on a simple principle: Strength in numbers. Instead of looking at a single chart, the script scans three timeframes simultaneously (5 min, 15 min, 1 hour). It will only give you a signal if all three are perfectly aligned in the same direction.
⚙️ Technical Operation
The script monitors your three exponential moving averages (EMAs):
6-period EMA (Yellow): The fastest, it closely follows the price.
9-period EMA (Green): The intermediate one, it confirms the momentum.
12-period EMA (Red): The slowest, it serves as the baseline.
📈 BUY Signal (Bullish)
All conditions must be met on all 3 timeframes:
Yellow is above Green.
Green is above Red.
Result: The chart turns light green and you receive a "MULTI BUY" alert.
📉 SELL Signal (Bearish)
All conditions must be met on all 3 timeframes:
Yellow is below Green.
Green is below Red.
Result: The chart turns light red and you receive a "MULTI SELL" alert.
📱 Smartphone Alert
The script is optimized for the TradingView app:
It waits for the candle to close to validate the signal (avoids false flashing signals).
It sends a push notification directly to your phone with the asset name (e.g., BTCUSD) and the signal type.
💡 Why is this an excellent strategy?
Fewer "Fakes": If the 5-minute chart says "Buy" but the 1-hour chart is falling, the script will remain silent. It protects you against counter-trend trading.
Visibility: Even if you stay on your 5-minute chart to refine your entry, you instantly know what the "big" players are doing on the 1-hour chart.
Simplicity: It's visual. No need to think; if the colors align and your phone rings, the probability of success is statistically higher.
It's a powerful tool for trend following! Do you want me to show you how to adjust the alerts so they stop automatically after a certain time, or is that all you need?
🛡️ The Concept: Triple Confirmation
Your strategy is based on a simple principle: Strength in numbers. Instead of looking at a single chart, the script scans three timeframes simultaneously (5 min, 15 min, 1 hour). It will only give you a signal if all three are perfectly aligned in the same direction.
⚙️ Technical Operation
The script monitors your three exponential moving averages (EMAs):
6-period EMA (Yellow): The fastest, it closely follows the price.
9-period EMA (Green): The intermediate one, it confirms the momentum.
12-period EMA (Red): The slowest, it serves as the baseline.
📈 BUY Signal (Bullish)
All conditions must be met on all 3 timeframes:
Yellow is above Green.
Green is above Red.
Result: The chart turns light green and you receive a "MULTI BUY" alert.
📉 SELL Signal (Bearish)
All conditions must be met on all 3 timeframes:
Yellow is below Green.
Green is below Red.
Result: The chart turns light red and you receive a "MULTI SELL" alert.
📱 Smartphone Alert
The script is optimized for the TradingView app:
It waits for the candle to close to validate the signal (avoids false flashing signals).
It sends a push notification directly to your phone with the asset name (e.g., BTCUSD) and the signal type.
💡 Why is this an excellent strategy?
Fewer "Fakes": If the 5-minute chart says "Buy" but the 1-hour chart is falling, the script will remain silent. It protects you against counter-trend trading.
Visibility: Even if you stay on your 5-minute chart to refine your entry, you instantly know what the "big" players are doing on the 1-hour chart.
Simplicity: It's visual. No need to think; if the colors align and your phone rings, the probability of success is statistically higher.
It's a powerful tool for trend following! Do you want me to show you how to adjust the alerts so they stop automatically after a certain time, or is that all you need?
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.