OPEN-SOURCE SCRIPT
EMA 4H

This indicator is a streamlined trend-following tool designed specifically for the **4-Hour (4H)** timeframe. It combines two key Exponential Moving Averages (EMA) to help traders identify short-term momentum and dynamic support/resistance levels with reduced noise.
**Key Components:**
* **EMA 9 (Green Line):** The "Trigger" line. It reacts quickly to price action, representing immediate short-term momentum.
* **EMA 21 (Dark Blue Line):** The "Trend" line. It serves as a dynamic support/resistance zone and acts as a filter to keep you on the right side of the trend.
**Why the 4H Timeframe?**
The 4-hour chart offers a sweet spot between the noise of lower timeframes (15m, 1H) and the lag of daily charts. This setup allows for swing trading and intraday positioning with higher reliability.
**How to Use This Strategy:**
1. **Trend Identification (Crossovers):**
* **Bullish Bias:** When the EMA 9 crosses **above** the EMA 21. Look for long positions.
* **Bearish Bias:** When the EMA 9 crosses **below** the EMA 21. Look for short positions.
2. **Dynamic Support & Resistance (Pullbacks):**
* In a strong trend, price often pulls back to test the area between the EMA 9 and EMA 21. This "zone" often acts as a high-value entry point if price action shows rejection (wicks).
3. **Trend Strength:**
* **Wide Gap:** If the space between the Green and Blue lines is expanding, the trend is strengthening.
* **Narrow Gap:** If the lines are flat or intertwining, the market is ranging (choppy). It is best to wait for a breakout.
**Settings:**
* Default inputs are set to **9** and **21**, optimized for H4.
* Fully customizable via the settings menu to fit other strategies or assets (Crypto, Forex, Stocks).
**Disclaimer:**
This script is for educational and technical analysis purposes only. Always manage your risk and use stop losses.
**Key Components:**
* **EMA 9 (Green Line):** The "Trigger" line. It reacts quickly to price action, representing immediate short-term momentum.
* **EMA 21 (Dark Blue Line):** The "Trend" line. It serves as a dynamic support/resistance zone and acts as a filter to keep you on the right side of the trend.
**Why the 4H Timeframe?**
The 4-hour chart offers a sweet spot between the noise of lower timeframes (15m, 1H) and the lag of daily charts. This setup allows for swing trading and intraday positioning with higher reliability.
**How to Use This Strategy:**
1. **Trend Identification (Crossovers):**
* **Bullish Bias:** When the EMA 9 crosses **above** the EMA 21. Look for long positions.
* **Bearish Bias:** When the EMA 9 crosses **below** the EMA 21. Look for short positions.
2. **Dynamic Support & Resistance (Pullbacks):**
* In a strong trend, price often pulls back to test the area between the EMA 9 and EMA 21. This "zone" often acts as a high-value entry point if price action shows rejection (wicks).
3. **Trend Strength:**
* **Wide Gap:** If the space between the Green and Blue lines is expanding, the trend is strengthening.
* **Narrow Gap:** If the lines are flat or intertwining, the market is ranging (choppy). It is best to wait for a breakout.
**Settings:**
* Default inputs are set to **9** and **21**, optimized for H4.
* Fully customizable via the settings menu to fit other strategies or assets (Crypto, Forex, Stocks).
**Disclaimer:**
This script is for educational and technical analysis purposes only. Always manage your risk and use stop losses.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.