PROTECTED SOURCE SCRIPT

Multi-TF 50 EMA Overlay (5m, 15m, 4H, 1D) + Trend Table

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This script overlays the 50 EMA from four higher timeframes (5m, 15m, 4H, 1D) onto your current chart and shows a trend table so you can see at a glance whether each timeframe is Bullish, Bearish or Sideways.

What it does

Plots 50 EMA for:

5m (red)

15m (orange)

4H (blue)

1D (green)

Classifies each timeframe as:

Bullish – price above ema + band

Bearish – price below ema – band

Sideways – price inside a small band around the EMA

Displays a compact trend table in the top-right with timeframe + trend color.

How to use

Use the table to align your entries with higher-timeframe bias.

Look for confluence when multiple timeframes are Bullish or Bearish.

When most rows show Sideways, you may want to avoid new trades or lower risk.

Inputs

Sideways band % around EMA

Minimum number of agreeing timeframes for bias

This is a visual tool, it does not generate entries/exits — it’s designed to be combined with your own strategy or additional indicators.

면책사항

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