Double-Smoothed EMA Floating Levels Across Timeframes

Summary

This indicator extends a double-smoothed exponential moving average with multi-timeframe options. In addition to the platform’s standard timeframes, it can reference the next higher timeframe, the second higher timeframe, or the third higher timeframe relative to the active chart. This makes the indicator’s view adapt to the chart timeframe rather than requiring a fixed timeframe selection.

The description identifies two signal modes: crossing the outer levels, which is the default, and crossing the middle level based on a change in slope. It also suggests using indicator color changes as signals. The document does not explain the smoothing calculation, define the floating levels in detail, or provide chart examples or performance tests. It therefore outlines configurable indicator behavior but does not establish how robustly its signals work across instruments or market conditions.

Key ideas

• The indicator adds three relative higher-timeframe choices to standard timeframe options.
• The higher-timeframe choices are measured from the currently active chart timeframe.
• Signals may use outer-level crossings or a middle-level crossing tied to slope change.
• Color changes are presented as a possible signal source.
• The description contains no formula details or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.