True MTF 9 EMA Trend Engine
Pine Script is a True Multi-Timeframe (MTF) 9 EMA Trend Engine for TradingView. Its main purpose is to show the direction of the 9-period Exponential Moving Average across 8 different timeframes simultaneously, while also plotting the 9 EMA on your active chart.
1. What the indicator does
It combines two things:
A. 9 EMA on your active chart
The script calculates:
9 EMA = 9-period Exponential Moving Average
and plots it directly on the price chart.
The line automatically changes:
🟢 Green → 9 EMA is rising
🔴 Red → 9 EMA is falling
⚪ Gray → essentially flat
So you can visually see when the short-term trend represented by the 9 EMA changes direction.
2. True multi-timeframe calculation
The important part is that the script does not take the 9 EMA from your current chart and somehow convert it into other timeframes.
It independently calculates the 9 EMA using:
Dashboard timeframe EMA calculated from
Monthly Monthly candles
Weekly Weekly candles
Daily Daily candles
4 Hour 4H candles
1 Hour 1H candles
15 Minute 15M candles
5 Minute 5M candles
1 Minute 1M candles
1. What the indicator does
It combines two things:
A. 9 EMA on your active chart
The script calculates:
9 EMA = 9-period Exponential Moving Average
and plots it directly on the price chart.
The line automatically changes:
🟢 Green → 9 EMA is rising
🔴 Red → 9 EMA is falling
⚪ Gray → essentially flat
So you can visually see when the short-term trend represented by the 9 EMA changes direction.
2. True multi-timeframe calculation
The important part is that the script does not take the 9 EMA from your current chart and somehow convert it into other timeframes.
It independently calculates the 9 EMA using:
Dashboard timeframe EMA calculated from
Monthly Monthly candles
Weekly Weekly candles
Daily Daily candles
4 Hour 4H candles
1 Hour 1H candles
15 Minute 15M candles
5 Minute 5M candles
1 Minute 1M candles
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.