OPEN-SOURCE SCRIPT
Quantiva Multi-Timeframe TEMA SMA
Quantiva TEMA SMA Multitimeframe is a multi-timeframe trend indicator that combines the power of TEMA (Triple Exponential Moving Average) and SMA across multiple timeframes to deliver a smoother and more reliable market direction signal.
Instead of relying on a single timeframe, this indicator aggregates data from several intervals to create a unified trend line, reducing noise and improving consistency.
Key Features:
Multi-timeframe analysis (5m, 10m, 15m, 30m, 1H)
Advanced smoothing using TEMA
Baseline comparison with SMA
Aggregated average for stronger trend confirmation
Dynamic color change:
Blue → Bullish trend (TEMA > SMA)
Red → Bearish trend (TEMA < SMA)
How it works:
The indicator calculates TEMA and SMA on multiple timeframes and then averages them into a single “Super Trend Line” (Super Quantiva).
This approach:
Filters out market noise
Provides clearer trend direction
Helps avoid false signals from lower timeframes
Ideal for:
Trend-following strategies
Intraday and swing trading
Traders looking for higher timeframe confirmation without switching charts
Instead of relying on a single timeframe, this indicator aggregates data from several intervals to create a unified trend line, reducing noise and improving consistency.
Key Features:
Multi-timeframe analysis (5m, 10m, 15m, 30m, 1H)
Advanced smoothing using TEMA
Baseline comparison with SMA
Aggregated average for stronger trend confirmation
Dynamic color change:
Blue → Bullish trend (TEMA > SMA)
Red → Bearish trend (TEMA < SMA)
How it works:
The indicator calculates TEMA and SMA on multiple timeframes and then averages them into a single “Super Trend Line” (Super Quantiva).
This approach:
Filters out market noise
Provides clearer trend direction
Helps avoid false signals from lower timeframes
Ideal for:
Trend-following strategies
Intraday and swing trading
Traders looking for higher timeframe confirmation without switching charts
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.