Air Gap MTF with alert settings

19 thg 3

What it shows:
This indicator will show a horizontal line at a price where each EMAs are on on different time frames, which will remove the effort of having to flick through different time frames or look at different chart.
The lines itself will move in real time as price moves and therefore as the EMA values changes so no need to manually adjustment the lines.

How to use it:
The price gap between each of the lines are known as "air gaps", which are essentially zones price can move with less resistance. Therefore bigger the airgap there is more likely more movement in price.
In other words, where lines are can be a resistance (or support) and can expect price stagnation or rejection.
On the chart it is clear to see lines are acting as resistances/supports.

Key settings:

• The time frame are fixed to: 30min, 1hr and 4hr. This cannot be changed as of now.
  
• EMA values for each time frame are user changeable in the settings, and up to 4 different values can be chosen for each time frame. Default is 5,12,34 and 50 for each timeframe.
  
• Line colour, thickness and style can be user adjusted. Start point for where line will be drawn can be changed in the settings, either: start of day, user defined start or across the chart. In case of user defined scenario user can input a number that specifies a offset from current candle.
  
• Label colour, font, alignment, text size and text itself can be user adjusted in the settings. Price can be also displayed if user chooses to do so. Position of label (offset from current candle) is user specified and can be adjusted by the user.
  
• Both the lines and labels can be turned off (both and individually), for each lines.
  

Alert Settings:
Manually, user can set alerts for when price crosses a specific line.
This can be done by:

1. right click on any of line
   
2. choose first option (add alert on...)
   
3. On the second option under condition, use the dropdown menu to choose the desired EMA/timeframe to set alert for.
   
4. Hit "create" at bottom right of option
   

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If anything is not clear please let me know!

23 thg 7

Phát hành các Ghi chú

Update (23/07/2025):
- Added 1D EMA lines. (Default is 5,12,34 and 50)

23 thg 7

Phát hành các Ghi chú

- Added time frame selection rather than fixed time frame.
User can now select the time frame for each of the EMA sets.