OPEN-SOURCE SCRIPT

Dual EMA Status Table (15m & 30m)

109
It checks whether the 9 EMA is above or below the 21 EMA on:

the 15-minute chart, and

the 30-minute chart,
and then displays their alignment in a table:

Timeframe 9 vs 21 Status
15 min 9 > 21 Bullish
30 min 9 > 21 Bullish
CONFIRM ✅ Bullish

✅ “Bullish Confirm” → 9 EMA > 21 EMA on both → uptrend bias

❌ “Bearish Confirm” → 9 EMA < 21 EMA on both → downtrend bias

⚠️ “Mixed” → 15 m and 30 m disagree → stay neutral or wait

💡 How to Use It as a Trading Signal

You can treat it as a buy/sell framework with confirmation rules:

🔹 Buy (Long) bias

Table shows ✅ Bullish confirmation

9 EMA > 21 EMA on both timeframes

Ideally, price pulls back near one of the EMAs and then bounces

You could enter after a bullish candle close above the EMAs

📍 Example entry rule:

Enter long when “✅ Bullish” appears and price closes above both EMAs on the 15 min chart.
Stop-loss below the 21 EMA or recent swing low.

🔹 Sell (Short) bias

Table shows ❌ Bearish confirmation

9 EMA < 21 EMA on both timeframes

Price retraces upward and rejects near EMAs

📍 Example entry rule:

Enter short when “❌ Bearish” appears and price closes below both EMAs on the 15 min chart.
Stop-loss above 21 EMA or recent swing high.

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.