PROTECTED SOURCE SCRIPT
EMA Trendtable
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EMA Trendtable description
Session Highlight: The script highlights the New York Stock Exchange (NYSE) opening session on the chart. This is based on a user-defined time window (8 AM to 11 AM NY time), with the background color changing to indicate this session.
EMA & SMA Plotting: The script plots several EMAs (20, 50, 200, and 34) and an SMA (21) on the chart. It also colors them differently based on whether their value is increasing or decreasing (green for rising, red for falling). The EMAs are used to gauge short-term to long-term trends.
Cloud Display: The script optionally displays the 34-period EMA and 21-period SMA as a "cloud" on higher timeframes (e.g., 1-hour or higher), with colors indicating their respective directions.
Trend Calculation: It calculates and displays the overall trend (Bullish, Bearish, or Neutral) based on the relationship between the 50-period EMA and 200-period EMA across multiple timeframes (3, 5, 10, 15, and 60 minutes).
Trend Table: The main feature is a table that shows the trend direction (Bullish, Bearish, or Neutral) for each of the selected timeframes, and the EMA lineup (whether the EMAs are in a "Bullish Lineup" or "Bearish Lineup"). The table is customizable in terms of position, size, and color.
The indicator provides an easy-to-read table that summarizes the trend information across multiple timeframes, helping traders understand the market conditions at a glance.
Session Highlight: The script highlights the New York Stock Exchange (NYSE) opening session on the chart. This is based on a user-defined time window (8 AM to 11 AM NY time), with the background color changing to indicate this session.
EMA & SMA Plotting: The script plots several EMAs (20, 50, 200, and 34) and an SMA (21) on the chart. It also colors them differently based on whether their value is increasing or decreasing (green for rising, red for falling). The EMAs are used to gauge short-term to long-term trends.
Cloud Display: The script optionally displays the 34-period EMA and 21-period SMA as a "cloud" on higher timeframes (e.g., 1-hour or higher), with colors indicating their respective directions.
Trend Calculation: It calculates and displays the overall trend (Bullish, Bearish, or Neutral) based on the relationship between the 50-period EMA and 200-period EMA across multiple timeframes (3, 5, 10, 15, and 60 minutes).
Trend Table: The main feature is a table that shows the trend direction (Bullish, Bearish, or Neutral) for each of the selected timeframes, and the EMA lineup (whether the EMAs are in a "Bullish Lineup" or "Bearish Lineup"). The table is customizable in terms of position, size, and color.
The indicator provides an easy-to-read table that summarizes the trend information across multiple timeframes, helping traders understand the market conditions at a glance.
Phát hành các Ghi chú
- Updated Table Size customization and rules for EMA Lineup- Updated Session Timeframe shown on the Chart:
NY Session will now only be shown on Timeframe 20m and below to keep your Charts clean
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