OPEN-SOURCE SCRIPT
Trend-following MTF EMA Entries [CocoChoco]
**MTF EMA Entries [CocoChoco]** is a multi-timeframe trend-following indicator designed to identify high-probability entry points using EMA alignment and trend strength confirmation.
The script evaluates price relative to a configurable EMA (default 20) across three timeframes: a lower “execution” TF and two higher TFs.
A directional bias is established when price is above/below the EMA *and* the EMA slope confirms momentum (rising for longs, falling for shorts).
Trade signals are generated only when all three timeframes are fully aligned in the same direction.
To filter out weak or ranging conditions, an ADX-based strength filter (default threshold: 18) is applied on the execution timeframe, requiring increasing trend strength before allowing entries.
**Entries**
* Long: All timeframes bullish (price > EMA + rising EMA) + ADX confirmation
* Short: All timeframes bearish (price < EMA + falling EMA) + ADX confirmation
* Signals trigger once per move (no repeated entries)
**Exits**
* Triggered on price crossing back through the EMA on the execution timeframe
**Features**
* Optional EMA overlay
* Clean entry/exit markers
* Real-time dashboard showing trend alignment across timeframes
* Alert conditions for bullish and bearish entries
Best suited for traders seeking structured, trend-aligned entries with built-in momentum confirmation.
The script evaluates price relative to a configurable EMA (default 20) across three timeframes: a lower “execution” TF and two higher TFs.
A directional bias is established when price is above/below the EMA *and* the EMA slope confirms momentum (rising for longs, falling for shorts).
Trade signals are generated only when all three timeframes are fully aligned in the same direction.
To filter out weak or ranging conditions, an ADX-based strength filter (default threshold: 18) is applied on the execution timeframe, requiring increasing trend strength before allowing entries.
**Entries**
* Long: All timeframes bullish (price > EMA + rising EMA) + ADX confirmation
* Short: All timeframes bearish (price < EMA + falling EMA) + ADX confirmation
* Signals trigger once per move (no repeated entries)
**Exits**
* Triggered on price crossing back through the EMA on the execution timeframe
**Features**
* Optional EMA overlay
* Clean entry/exit markers
* Real-time dashboard showing trend alignment across timeframes
* Alert conditions for bullish and bearish entries
Best suited for traders seeking structured, trend-aligned entries with built-in momentum confirmation.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。