Multi-Timeframe 200 EMA

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Multi-Timeframe 200 EMA Indicator
This indicator plots five 200-period Exponential Moving Averages (EMAs) on your chart, each from a different timeframe: 1-hour, 2-hour, 4-hour, 8-hour, and 1-day.

What It Does:

Analyzes Higher Timeframes: It uses the request.security() function to fetch data from higher timeframes. This allows you to see significant long-term support and resistance levels from higher timeframes, all on your current chart.

Customizable: You can easily turn each EMA line on or off individually in the indicator's settings. By default, the 1-hour and 1-day EMAs are off, so you can focus on the intermediate timeframes right away.

Clean and Simple: The indicator is designed to be clean and easy to read, with different colors for each EMA line to help you quickly identify the different timeframes at a glance.

This is a powerful tool for trend analysis and identifying key price levels, helping you make more informed trading decisions.

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Phát hành các Ghi chú

This indicator displays five 200-period Exponential Moving Averages (EMAs), each calculated from a different timeframe and plotted on the current chart. It's designed to help traders visualize long-term trend alignment across multiple timeframes without switching charts.

🧠 Key Features:
EMAs: Pulls 200-period EMAs from:

1 Hour (1H)
2 Hour (2H)
4 Hour (4H)
8 Hour (8H)
1 Day (1D)

Toggle Visibility: Easily enable or disable each EMA via settings
Minimalist Styling: Thin lines (linewidth = 1) for a clean, unobtrusive overlay

📈 Use Case:
This tool is ideal for traders who want to:
Identify confluence zones across timeframes
Spot long-term support/resistance levels
Confirm trend strength and direction

Avoid chart clutter while maintaining multi-timeframe awareness