EMA Buy/Sell Alerts with ATR-based TP/SL

I wanted to fill a void in the Tradingview FREE indicators. I have searched far and wide on a moving average alert with ATR based take profits and stop loss. I have attempted a rudimentary version of what I hope to improve upon in the future. Will try and add different moving average options such as simple, hull, RMA, JMA, SSL, WMA, etc. For now, a basic EMA with 3 TP and a SL based on the current ATR should suffice.

I grow tired of the ATR take profits being hidden behind a paywall. Please use the script and add to your favorite indicators as you please.

Please leave feedback for future development.

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Updated script to add a second ema for a filter

converted to pinescript 5

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v3.0 Update: Noise Reduction & The "Pro" Roadmap

Summary: This is the major "Quality of Life" update for the free community. After months of testing, I have implemented a "Signal Smoothing" engine to fix the issue of false signals during choppy/ranging markets.

What Changed in this Free Version:

Anti-Whipsaw Logic: The script now forces alternating signals (Buy -> Sell -> Buy). It prevents the "machine gun" effect of multiple buy signals in a row during a flat market.

Trend Filtering: Entries are now strictly filtered by the 200 EMA to ensure you are trading with the dominant trend.

Visual Cleanup: Added logic to auto-delete old lines so your chart stays clean.

🚀 Announcement: For Serious Futures Traders

While this free indicator is great for general-purpose charting, I have spent the last 6 months developing a specialized, institutional-grade algorithm specifically for ES/MES Futures.

If you are looking for:

🛡️ Shielded Exits: Logic that ignores wick stop-hunts.

🌊 Dynamic Volatility: SuperTrend + EMA Cloud confirmation.

⚡ 8-Minute Optimization: Tuned specifically to beat commission drag on Prop Firms.

Check out the new "EMA Trend Rider Pro":

The free script will always remain free for the community. The Pro script is for those who need an optimized edge for funded accounts.

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Wanted a better screenshot :)

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Enjoy!

Skrip sumber terbuka

Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.

Pogchamp99

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Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

Skrip sumber terbuka

Pogchamp99

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i s r
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