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Multi Timeframe EMA indicator
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Created: by kulu Attachments:1

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Multi Timeframe EMA indicator

  #1 (permalink)
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Multi Timeframe EMA indicator

I would like to an indicator that will show trend based on a 50 and 200 EMA cross over based on three timeframes. For instance I want the color of the EMA on current chart to be green if
  1. On the 60 Minute chart, the 50 crosses the 200 EMA from below and both EMAS are sloping up and
  2. On the 15 Minute chart, the 50 crosses the 200 EMA from below and both EMAs are sloping up
And I want the EMA to be red if
  1. On the 60 Minute chart, the 50 crosses the 200 EMA from above and both EMAs are sloping down and
  2. On the 15 Minute chart, the 50 crosses the 200 EMA from above and both EMAs are sloping down
And I want the EMA to be gray when

  1. On the 60 Minute chart, the 50 crosses the 200 EMA from above and both EMAs are flat and
  2. On the 15 Minute chart, the 50 crosses the 200 EMA from above and both EMAs are flat
OR
  1. On the 60 Minute chart, the 50 crosses the 200 EMA from below and both EMAs are flat and
  2. On the 15 Minute chart, the 50 crosses the 200 EMA from below and both EMAs are flat
Thank you

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  #2 (permalink)
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  #3 (permalink)
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kulu View Post
I would like to an indicator that will show trend based on a 50 and 200 EMA cross over based on three timeframes.

For instance I want the color of the EMA on current chart to be green if
  1. On the 60 Minute chart, the 50 crosses the 200 EMA from below and both EMAS are sloping up and
  2. On the 15 Minute chart, the 50 crosses the 200 EMA from below and both EMAs are sloping up
And I want the EMA to be red if
  1. On the 60 Minute chart, the 50 crosses the 200 EMA from above and both EMAs are sloping down and
  2. On the 15 Minute chart, the 50 crosses the 200 EMA from above and both EMAs are sloping down
And I want the EMA to be gray when

  1. On the 60 Minute chart, the 50 crosses the 200 EMA from above and both EMAs are flat and
  2. On the 15 Minute chart, the 50 crosses the 200 EMA from above and both EMAs are flat
OR
  1. On the 60 Minute chart, the 50 crosses the 200 EMA from below and both EMAs are flat and
  2. On the 15 Minute chart, the 50 crosses the 200 EMA from below and both EMAs are flat
Thank you

kulu,

Sorry but your request is not clear. You mention the indicator is based on three timeframes but list only two. Also, how do you define a 'flat' EMA? It would be helpful if you could provide some sample screen captures with some text and arrows pointing out your conditions.

Marqui

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  #4 (permalink)
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Posts: 500 since Jul 2009
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MTF indicator

I saw this on the NT forums and recalled your request.

I thas moving averages in the code, and is MTF. I hope you may find it useful (to modify the code to allow moving forward with your own ideas).

TJ

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