INVITE-ONLY SCRIPT

Wizard Dynamic EMA Table

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Purpose of the Script
Track Multiple EMAs:

Displays 8 EMAs with their respective values.
Indicates whether each EMA is trending upward (green) or downward (red).
Summary Indicator:

A top cell provides a quick, overall trend:
Green ("ALL UP"): All EMAs are trending upward.
Red ("ALL DOWN"): All EMAs are trending downward.
Gray ("MIXED"): Some EMAs are up, and some are down.
Customizable:

The user can configure EMA periods to match their trading strategy.
Click Add to Chart (top-right corner of the Pine Editor).
The dashboard will appear on your chart.
How to Use the Dashboard
Monitor EMAs:

Look at the EMA table for real-time updates on each EMA's value and trend (up or down).
Quick Market Trend Analysis:

Check the summary cell at the top:
ALL UP (Green): Strong upward trend across all monitored EMAs.
ALL DOWN (Red): Strong downward trend across all monitored EMAs.
MIXED (Gray): Market is indecisive or ranging.
Customize EMA Periods:

Adjust the EMA periods from the script's settings:
Click the gear icon on the indicator in the chart legend.
Modify the EMA periods to match your trading strategy (e.g., 21, 50, 100, etc.).
Apply to Any Asset:

Use this script for any asset (stocks, forex, crypto, futures) available on TradingView.
Trading Strategies with the Dashboard
Trend-Following Strategy:

If the summary cell shows ALL UP, consider looking for long opportunities.
If the summary cell shows ALL DOWN, consider looking for short opportunities.
Reversal Strategy:

When the summary changes from ALL UP to MIXED or ALL DOWN, it might signal a weakening uptrend or potential reversal.
Confluence with Other Indicators:
Apply the dashboard to any timeframe (e.g., 1-minute, 1-hour, daily) depending on your trading style.
Benefits of Using This Script
Saves Time:
Quickly analyze trends across multiple EMAs without manually calculating or interpreting each one.
Visual Clarity:
The color-coded table provides instant insights into market conditions.
Customizable:
Tailor the EMA periods and apply it to any asset or timeframe.

"Disclaimer: This indicator is intended for educational purposes only and does not constitute financial advice. Trading involves significant risk, and users should perform their own research and consult with a licensed financial advisor before making any trading decisions."

Penafian

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