Multi-Group EMAs with Custom TF

Indicator Name: Sri – Multi-Group EMAs with Custom Timeframes
Short Title: Sri-MA Groups
Overlay: Yes

Description:
The Sri – Multi-Group EMAs indicator is designed for multi-timeframe analysis, allowing traders to visualize trend direction across short, medium, and long-term perspectives using Exponential Moving Averages (EMAs). It is perfect for swing trading, intraday setups, and long-term trend assessment.

Key Features:

Three Independent EMA Groups:

EMA 1 Group: 20, 50, 200 EMAs – default timeframe 1 Hour (short-term trend)

EMA 2 Group: 200 EMA – default timeframe Daily (medium-term trend)

EMA 3 Group: 20, 50, 200 EMAs – default timeframe Weekly (long-term trend)

Custom Timeframe Selection (CTF):

Users can select a custom timeframe for each EMA group to match their trading strategy.

Dynamic Coloring:

Each EMA changes color based on the current direction: bullish EMAs in one color, bearish in another, allowing quick trend assessment at a glance.

Overlay on Chart:

All EMAs are plotted directly on the price chart for easy visualization.

User-Friendly Options:

Toggle visibility of EMAs on/off

Independent length and timeframe inputs for each EMA group

Use Case:

Quickly assess trend strength across multiple timeframes.

Identify short-term pullbacks in the context of daily or weekly trends.

Integrate with other technical tools for multi-timeframe strategy confirmation.

Recommended For: Traders looking for a clear visual representation of trend across multiple timeframes without cluttering the chart with too many indicators.