OPEN-SOURCE SCRIPT

20MAnia[libTF]

This is a sample script of libTF: Find higher/lower TF automatically.

This script shows 20SMAs(ta.sma) and 20EMAs(ta.ema) up to 8TFs.
Firstly about static TF, MAs in 1D/1W/1M are always enabled when CTF is lower than 1D.
CTF and LTF are used preferentially when CTF is 1D or higher.
Secondly about dynamic TF, there are 3 types.
CTF(Current TF) is always enabled.
HTF1-4 are set by CTF and TF scale of libHTF(set by this script: 1,5,15,60,240).
HTF1-4 are enabled when its value is not na.
LTF1 is set by CTF and TF scale of libHTF(set by default: 1,5,15,60,240,1D,1W,1M,3M,12M).
LTF1 is enabled when its value is not na.
In LTF, SMA/EMA is displayed as Ribbon: fill color between oldest value and latest value.

example:
  • in case of CTF=1,
    ltf1=na, ctf=1, htf1=5, htf2=15, htf3=60, htf4=240, and DWM
  • in case of CTF=60,
    ltf1=15, ctf=60, htf1=240, htf2-4=na, and DWM
  • in case of CTF=1D,
    ltf1=240, ctf=1D, htf1-4=na, and WM
  • in case of CTF=1W,
    ltf1=1D, ctf=1W, htf1-4=na, and M


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