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Multiple EMA

290
Description:

Plots up to 9 EMAs on a single chart, combining short-term EMAs with three layers of the Vegas Tunnel — a strategy based on the EMA 144/169 pair — scaled across multiple timeframes.

EMA breakdown:

EMA1 (9), EMA2 (20), EMA3 (50) — standard short/mid-term trend EMAs
EMA4 (144) & EMA5 (169) — Vegas Tunnel for the 1m timeframe
EMA6 (432) & EMA7 (507) — Vegas Tunnel for the 3m timeframe (×3)
EMA8 (720) & EMA9 (845) — Vegas Tunnel for the 5m timeframe (×5)

How to use:

Apply to a 1-minute chart to see all three tunnel layers simultaneously.
Price trading between an EMA pair (the "tunnel") signals a consolidation/decision zone; a clean break and close outside the tunnel signals a potential trend entry.
The three layers provide confluence — when price breaks through all tunnels, the trend signal is stronger.
All lengths are customizable if you want to scale to different base timeframes.

Penafian

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