PROTECTED SOURCE SCRIPT
EMA High/Low + RSI Trend Start + EMA200 Current TF
Indicator Name: EMA High/Low + RSI Trend Start + EMA200 Current TF
Description:
This indicator combines multiple technical tools to help identify strong trend-start signals with minimal noise:
EMA 20 High/Low: Tracks short-term price extremes to define potential breakout levels.
EMA 200 (Current TF): Displays long-term trend direction with dynamic coloring: green when price is above, yellow when below.
Trend-Start Arrows: Signals the first bullish candle above EMA High or first bearish candle below EMA Low, confirmed by RSI crossing its moving average.
RSI Confirmation: Filters signals for momentum alignment to reduce false entries.
Trend-Lock & Cooldown: Ensures only one arrow per trend start and allows a minimum bar gap between signals.
Optional Strong Candle Filter (ATR): Highlights breakouts with significant candle size relative to recent volatility.
Background Fill: Visualizes price position relative to EMA High/Low (green above, red below, neutral in-between).
Customization: Arrow colors and EMA visibility can be adjusted. Arrow size is fixed to ensure Pine Script v6 compatibility.
Usage: Works on any timeframe and any symbol. Ideal for traders looking for trend-following entry points with clear visual cues and reduced signal noise.
Description:
This indicator combines multiple technical tools to help identify strong trend-start signals with minimal noise:
EMA 20 High/Low: Tracks short-term price extremes to define potential breakout levels.
EMA 200 (Current TF): Displays long-term trend direction with dynamic coloring: green when price is above, yellow when below.
Trend-Start Arrows: Signals the first bullish candle above EMA High or first bearish candle below EMA Low, confirmed by RSI crossing its moving average.
RSI Confirmation: Filters signals for momentum alignment to reduce false entries.
Trend-Lock & Cooldown: Ensures only one arrow per trend start and allows a minimum bar gap between signals.
Optional Strong Candle Filter (ATR): Highlights breakouts with significant candle size relative to recent volatility.
Background Fill: Visualizes price position relative to EMA High/Low (green above, red below, neutral in-between).
Customization: Arrow colors and EMA visibility can be adjusted. Arrow size is fixed to ensure Pine Script v6 compatibility.
Usage: Works on any timeframe and any symbol. Ideal for traders looking for trend-following entry points with clear visual cues and reduced signal noise.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.