DANGHIEU EMA 34/89/200 Ribbon (Scaled HTF)

📘 Indicator Description – EMA 34/89/200 Ribbon (Scaled HTF)

The EMA 34/89/200 Ribbon (Scaled HTF) indicator is designed to replicate higher-timeframe EMAs directly on your current chart without switching timeframes.
Using a precise HTF Scaling Algorithm, the script converts EMAs from 1H, 2H, 4H, 6H, 12H, 1D, and even 1W into equivalent lengths on lower timeframes—allowing traders to perform true multi-timeframe trend analysis on a single chart.

The 34-EMA and 89-EMA form a dynamic trend ribbon that changes color based on the relationship between the two moving averages. This helps traders quickly identify trend direction, momentum strength, and potential market reversals. The indicator also includes optional crossover markers (X symbols) to highlight bullish and bearish crossovers for cleaner signal recognition. EMA200 is included as the long-term trend anchor.

This tool is ideal for scalpers, day traders, and swing traders who require higher-timeframe context while trading lower-timeframe entries.

🟦 How to Use the Indicator
1. Choose the Higher Timeframe to Simulate

Use the “HTF to Simulate” dropdown to select the timeframe you want to emulate (e.g., 4H, 2H, 1D, 1W).
The script automatically scales the EMA lengths so they match the selected HTF.

2. Read the Ribbon for Trend Direction

Green Ribbon → EMA34 above EMA89 → Bullish momentum

Red Ribbon → EMA34 below EMA89 → Bearish momentum

The ribbon expands when momentum strengthens and contracts during consolidation.

3. Use EMA Crossovers as Signal Zones

Optional X markers highlight crossover points:

Bullish Crossover → EMA34 crosses above EMA89

Bearish Crossover → EMA34 crosses below EMA89

These crossovers often align with trend shifts or early momentum changes.

4. EMA200 as Trend Filter

The EMA200 acts as the macro trend filter:

Price above EMA200 → only consider long setups

Price below EMA200 → only consider short setups

Combining ribbon trend + EMA200 alignment improves signal accuracy.

5. Multi-Timeframe Trading Strategy

This indicator is powerful for:

Scalping with HTF bias

Pullback entry on lower timeframe during HTF trend

Identifying trend exhaustion when the ribbon flips

Confirming wave structure (Elliott Wave, Dow Theory)

Spotting strong momentum phases and squeeze zones

Example workflow:

Select 4H as HTF simulation.

Trade on 15m or 5m chart.

Enter only when price aligns with the HTF ribbon + EMA200 trend.

Use EMA crossovers as confirmation signals.