Global Index EMA Quadrants

This indicator displays global market indices on a 2D quadrant matrix based on their percentage distance from a selected EMA length across two different timeframes.

Features
• X-axis: % distance from EMA on a higher timeframe (default Weekly)
• Y-axis: % distance from EMA on a lower timeframe (default Daily)
• Bubble colors represent quadrants
• Count labels show how many indices are in each quadrant

How to Use

Select your preferred X timeframe, Y timeframe, and EMA length from the settings panel.

Analyze which quadrant each index is currently in to assess market momentum and breadth.

The zero axes represent the EMA level on each timeframe.

Notes
• This indicator uses only built-in request.security() data from TradingView
• No external APIs, personal data, or third-party content are used
• Designed purely for educational and market breadth analysis purposes