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Multi Timeframe EMA

This indicator will show you the exponantial moving average ( ema ) of the higher timeframes (up to 1D). Current timeframe is colored red, higher timeframes are colored from light to dark gray (you can change this).

How to Trade this:

1. Look for tranding ema on higher timeframe (line is stepping up).
2. Look for faster time frames to pull back (decline) to a higher timeframe.
3. This is a good area to look for a buy entry (vice versa for sell entry).

Don't fight the trend :)

Updated Version:
Multi Timeframe EMA
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study("Multi Timeframe EMA", shorttitle="MTF_EMA",overlay=true)
len = input(20, title="Length", type=integer)
src = input(close, title="Source", type=source)
show5m = input(true, title="show 5m", type=bool)
show15m = input(true, title="show 15m", type=bool)
show30m = input(true, title="show 30m", type=bool)
show1h = input(true, title="show 1h", type=bool)
show2h = input(true, title="show 2h", type=bool)
show4h = input(true, title="show 4h", type=bool)
show1D = input(true, title="show 1D", type=bool)

emaCurrent = ema(src,len)
ema5m = security(ticker,"5",ema(src,len))
ema15m = security(ticker,"15",ema(src,len))
ema30m = security(ticker,"30",ema(src,len))
ema1h = security(ticker,"60",ema(src,len))
ema2h = security(ticker,"120",ema(src,len))
ema4h = security(ticker,"240",ema(src,len))
ema1D = security(ticker,"D",ema(src,len))

plot(emaCurrent, color=red, title="ema current")

plot(show5m ? ema5m : na, color=interval < 5 and not isdaily and not isweekly and not ismonthly  ? #aaaaaa : na, title="ema 5m")
plot(show15m ? ema15m : na, color=interval < 15 and not isdaily and not isweekly and not ismonthly  ? #999999 : na, title="ema 15m")
plot(show30m ? ema30m : na, color=interval < 30 and not isdaily and not isweekly and not ismonthly  ? #888888 : na, title="ema 30m")
plot(show1h ? ema1h : na, color=interval < 60 and not isdaily and not isweekly and not ismonthly  ? #777777 : na, title="ema 1h")
plot(show2h ? ema2h : na, color=interval < 120 and not isdaily and not isweekly and not ismonthly  ? #666666 : na, title="ema 2h")
plot(show4h ? ema4h : na, color=interval < 240 and not isdaily and not isweekly and not ismonthly ? #555555 : na, title="ema 4h")
plot(show1D ? ema1D : na, color=not isdaily and not isweekly and not ismonthly ? #444444 : na, title="ema 1D")
I was thinking of doing one like this just recently. Nice job!
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