This indicator will show you the exponantial moving average (ema) of the higher timeframes (up to 1D). Current timeframe is colored red, higher timeframes are colored from light to dark gray (you can change this).
How to Trade this:
1. Look for tranding ema on higher timeframe (line is stepping up). 2. Look for faster time frames to pull back (decline) to a higher timeframe. 3. This is a good area to look for a buy entry (vice versa for sell entry).