OPEN-SOURCE SCRIPT
Triple EMA MTF Supertrend Confluence
Triple EMA & Multi-Timeframe Supertrend Confluence is a technical analysis indicator designed to help traders identify market direction, trend changes, and potential areas of alignment across multiple moving averages.
The indicator features three fully adjustable Exponential Moving Averages (EMAs), with default settings of 20, 50, and 200. Each EMA is displayed using a distinct colour and generates individual bullish and bearish flip labels when price moves across the respective EMA.
The indicator also includes a configurable Multi-Timeframe Supertrend, allowing traders to monitor higher-timeframe trend direction while analysing lower-timeframe price action. The Supertrend is displayed with colour-coded bullish and bearish lines, together with optional shaded areas extending between the Supertrend line and the candles.
A confluence dashboard provides a clear overview of each EMA's current direction, overall EMA alignment, and Supertrend status. When all three EMAs align bullishly or bearishly, the indicator displays a confluence label and provides corresponding alert conditions.
Individual EMA flip labels include an optional expiry feature, allowing traders to automatically remove older labels after a selectable number of candles. This helps maintain a cleaner and more organised chart.
Key Features:
• Three adjustable EMAs with individual colour coding
• Bullish and bearish EMA flip labels
• Configurable Multi-Timeframe Supertrend
• Bullish green and bearish red Supertrend shading
• EMA confluence detection
• Real-time trend status dashboard
• Optional Supertrend flip labels
• Selectable individual EMA label expiry
• Alert conditions for EMA flips, Supertrend flips, and EMA confluence
This indicator is intended as a visual decision-support tool. It does not guarantee trading results and should be used alongside appropriate risk management and independent market analysis.
The indicator features three fully adjustable Exponential Moving Averages (EMAs), with default settings of 20, 50, and 200. Each EMA is displayed using a distinct colour and generates individual bullish and bearish flip labels when price moves across the respective EMA.
The indicator also includes a configurable Multi-Timeframe Supertrend, allowing traders to monitor higher-timeframe trend direction while analysing lower-timeframe price action. The Supertrend is displayed with colour-coded bullish and bearish lines, together with optional shaded areas extending between the Supertrend line and the candles.
A confluence dashboard provides a clear overview of each EMA's current direction, overall EMA alignment, and Supertrend status. When all three EMAs align bullishly or bearishly, the indicator displays a confluence label and provides corresponding alert conditions.
Individual EMA flip labels include an optional expiry feature, allowing traders to automatically remove older labels after a selectable number of candles. This helps maintain a cleaner and more organised chart.
Key Features:
• Three adjustable EMAs with individual colour coding
• Bullish and bearish EMA flip labels
• Configurable Multi-Timeframe Supertrend
• Bullish green and bearish red Supertrend shading
• EMA confluence detection
• Real-time trend status dashboard
• Optional Supertrend flip labels
• Selectable individual EMA label expiry
• Alert conditions for EMA flips, Supertrend flips, and EMA confluence
This indicator is intended as a visual decision-support tool. It does not guarantee trading results and should be used alongside appropriate risk management and independent market analysis.
Skrip sumber terbuka
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.