OPEN-SOURCE SCRIPT

Prev TF CLOSE EMA Box (Resets Every TF)

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⚙️ Key Features

✅ Custom reset timeframe (independent of chart TF)

✅ Uses previous CLOSED EMA (no lookahead)

✅ Box instead of line (clearer structure)

✅ Optional “disrespected → gray” logic

✅ Wick-based or close-based validation

✅ Works on futures, crypto, forex, equities

📈 How to Use

Treat the box as a dynamic support / resistance zone

Best used for:

Trend continuation

Mean reversion

Bias filtering (above = bullish, below = bearish)

When the box turns gray, the EMA level has lost structural validity

❗ Important Notes

This is not a signal indicator

No entries or exits are generated

Designed for context, bias, and structure

Combine with price action, liquidity, or session logic

🧩 Inputs Explained

Reset / EMA TF → timeframe used for EMA calculation & box reset

EMA Length → standard EMA length (default 9)

Box Height → thickness of the EMA zone

Disrespect Logic → optional invalidation behavior

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.