Weekly and Daily EMA levels

8월 17일

This Pine Script indicator provides important weekly and daily levels for lower time frame traders, whom trades based on reaction of these levels.

Dedicated to Prof Michael G
Key Features:

Multi-timeframe EMAs: Shows 12, 21, 50, 100, and 200 period EMAs from both Weekly and Daily timeframes
Horizontal dotted lines: Uses plot.style_linebr to create the dotted/dashed line effect
Works on all timeframes: The lines will appear on any chart timeframe you're viewing
Customizable: Individual toggles for each EMA period and timeframe

Settings Available:

Toggle Weekly/Daily EMAs on/off
Enable/disable individual EMA periods (12, 21, 50, 100, 200)
Customize colors for each EMA line
Adjust line width
Optional labels showing current EMA values

How to Use:

Copy the code into TradingView's Pine Editor
Click "Add to Chart"
Adjust settings in the indicator's Style tab as needed

The weekly EMAs appear with slightly more opacity (30%) while daily EMAs have higher transparency (60%) to help distinguish between timeframes. The lines will automatically update as new bars form and will be visible regardless of what timeframe you're currently viewing on your chart.

8월 17일

릴리즈 노트

Updated V1.0

8월 18일

릴리즈 노트

This indicator provides important weekly and daily levels for lower time frame traders, whom trades based on reaction of these levels.

Dedicated to Prof Michael G the best teacher in world.

Key Features:

Multi-timeframe EMAs: Shows 12, 21, 50, 100, and 200 period EMAs from both Weekly and Daily timeframes
Horizontal dotted lines: that only shows the latest Weekly and daily level. so chart wont be messy.
Works on all timeframes: The lines will appear on any chart timeframe you're viewing
Customizable: Individual toggles for each EMA period and timeframe

Settings Available:

Toggle Weekly/Daily EMAs on/off
Enable/disable individual EMA periods (12, 21, 50, 100, 200)
Customize colors for each EMA line
Adjust line width
Optional labels showing current EMA values

How to Use:

Click "Add to Chart"
Adjust settings in the indicator's Style tab as needed

The weekly EMAs appear with slightly more opacity (30%) while daily EMAs have higher transparency (60%) to help distinguish between timeframes. The lines will automatically update as new bars form and will be visible regardless of what timeframe you're currently viewing on your chart.