EMA with Bar Count

kelmarin

This indicator, **"EMA with Bar Count"**, is a comprehensive tool for traders that combines multiple technical analysis techniques to enhance decision-making. Here's a summary of its features:

### Features:

1. **Multiple Timeframe EMA (Exponential Moving Average):**
- Allows traders to visualize EMAs from multiple timeframes, such as 1-minute, 5-minute, 60-minute, daily, and custom intervals.
- EMAs are displayed in different colors for easy differentiation, aiding in identifying key trend directions and support/resistance levels.

2. **Bar Count Tracker:**
- Tracks and labels bars at specific intervals (e.g., every 3 bars) with customizable label size and color.
- Useful for monitoring bar progression and aligning with time-based strategies.

3. **Inside and Outside Bars:**
- Highlights inside bars (bars completely within the range of the previous bar) and outside bars (bars exceeding the range of the previous bar).
- Provides visual markers for potential consolidation (inside bars) or volatility (outside bars) setups.

4. **Trend Candle Analysis:**
- Detects sequences of three consecutive bullish or bearish candles.
- Marks these trends on the chart for potential continuation or reversal strategies.

5. **Micro Gaps:**
- Detects and marks gaps between the current bar's open and the previous bar's close, highlighting potential price inefficiencies.
- Differentiates between bullish (gap up) and bearish (gap down) gaps with unique symbols.

6. **50% Line Visualization:**
- Calculates and optionally displays a midline for each bar, representing 50% of its range.
- Helps traders identify equilibrium levels within individual bars.

7. **Overlap and TR Detector:**
- Measures the overlap between consecutive bars as a proportion of their range.
- Marks TR (Trading Range) bars with significant overlaps, highlighting potential areas of consolidation.

8. **Pattern Alerts:**
- Identifies advanced patterns like IOI (Inside-Outside-Inside), OII (Outside-Inside-Inside), and IOO (Inside-Outside-Outside).
- Includes customizable alerts for these patterns and specific bar counts to improve reaction times.

9. **Customizable Background Highlighting:**
- Option to color the chart background based on specific conditions, like time (e.g., 7:30 AM) or relative position to the 1-hour EMA.

10. **Gap Detector for Fair Value Gaps (FVG):**
- Highlights gaps between bars using shaded boxes.
- Useful for identifying untested price areas that may attract future price action.

11. **Wedge and Flag Patterns:**
- Analyzes pivot points to identify wedges and flag patterns.
- Provides visual guides to aid in breakout or continuation trade setups.

12. **Alerts for Key Events:**
- Customizable alerts for a wide range of trading events, including long wicks, range breakouts, and key bar patterns.

This indicator is designed for traders who want an all-in-one tool that provides actionable insights from multiple technical perspectives, enabling them to spot trends, reversals, breakouts, and consolidation zones effectively.