EMA x4

📌 Indicator: EMA x4
Author: [@leonardoaranibar294]
Script Type: Overlay (draws on price chart)
Language: Pine Script™ v6
License: Mozilla Public License 2.0

📖 Overview
EMA x4 is a minimalist technical indicator designed to display four customizable Exponential Moving Averages (EMAs) directly on the chart. It offers a clear view of short-, medium-, long-, and extra-long-term trends to support trend-following and momentum-based trading strategies.

This tool is ideal for traders who rely on moving average crossovers, dynamic support/resistance, or need to confirm market bias with multiple time-frame alignment.

⚙️ Input Parameters
Users can modify each EMA's length to match their strategy preferences:

Short EMA: Fastest EMA for short-term by default its value is 35
Middle EMA: Medium-term EMA by default its value is 75
Large EMA: Long-term EMA by default its value is 100
XL - EMA: Extra-long-term trend filter by default its value is 200

📊 Visual Representation
The script plots each EMA using distinct colors and consistent line thickness:

EMA1: Color Blue Short-term EMA (35)
EMA2: Color Orange Mid-term EMA (75)
EMA3: Color Green Long-term EMA (100)
EMA4: Color Red Extra-long-term EMA (200)

All lines are rendered with a linewidth of 2 for enhanced visibility on any chart.

🧠 Typical Use Cases
Trend Identification: Watch for the EMAs stacking in order (e.g., EMA1 above EMA2, etc.) to confirm bullish or bearish trends.

Crossover Signals: Look for EMA crossovers to generate entry/exit signals.

Support & Resistance: EMAs often act as dynamic zones of support/resistance during trending markets.

Multi-timeframe Confirmation: Combine this overlay with higher timeframe charts to confirm trend alignment.

✅ Key Benefits
Fully customizable EMA lengths for all trading styles.

Clean design, ideal for visually-driven traders.

Lightweight code – no lag or performance impact.

Can be used in confluence with other indicators or strategies.

🚀 How to Use
Add the indicator to any TradingView chart.

Configure the EMA lengths based on your preference (swing, day trading, long-term).

Analyze price interactions with the EMAs and look for confluences or crossovers.