OPEN-SOURCE SCRIPT
Multiple Moving Average
Multi-timeframe (MTF) moving averages are just moving averages calculated on a higher timeframe than the chart you're looking at, then drawn on the current chart. So on a 5‑minute SPY chart you might plot the 1H 20‑EMA, the 4H 50‑EMA, and the Daily 200‑SMA all at once.
What they give you: the trend context of a bigger timeframe without leaving your execution timeframe. You're trading the 5m, but you can see where the 1H and Daily averages sit — which is usually where the real support/resistance and the dominant bias live.
How to read them on the chart:
The slope and price position of each HTF MA gives directional bias — price above a rising HTF MA = that timeframe is bullish. Stacking (a ribbon) is the key signal: when the fast/short‑TF MAs line up above the slow/higher‑TF MAs in order, the trend is aligned across timeframes and trends tend to run; when they're tangled or out of order, it's chop/transition. HTF MAs also act as dynamic S/R — intraday pullbacks on SPY/SPX frequently stall at the 1H or 4H average even though it isn't visible as a level on the lower chart.
What they give you: the trend context of a bigger timeframe without leaving your execution timeframe. You're trading the 5m, but you can see where the 1H and Daily averages sit — which is usually where the real support/resistance and the dominant bias live.
How to read them on the chart:
The slope and price position of each HTF MA gives directional bias — price above a rising HTF MA = that timeframe is bullish. Stacking (a ribbon) is the key signal: when the fast/short‑TF MAs line up above the slow/higher‑TF MAs in order, the trend is aligned across timeframes and trends tend to run; when they're tangled or out of order, it's chop/transition. HTF MAs also act as dynamic S/R — intraday pullbacks on SPY/SPX frequently stall at the 1H or 4H average even though it isn't visible as a level on the lower chart.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.