Lyrae/SMC 6-EMA Stack

Lyrae/SMC EMA Stack — Usage & Functionality
This script plots six core EMAs used in the Lyrae/ATS/Smart Money Concepts strategy. Each EMA serves a specific role for institutional structure, trend bias, and execution:

EMA 5 (Yellow) — Microstructure Flow / Scalper Trigger:
Tracks immediate momentum and short-term price reversals.
Used for “commitment dot” entries and aggressive intrabar scalp signals.
Sharp move away from EMA5 often indicate exhaustion or liquidity sweeps.

EMA 21 (Blue) — Short-Term Bias / Sentiment Guide:
Defines the fast-moving market structure.
Confluence of EMA5 and EMA21 (stacked) confirms high conviction trends.
Ideal for pullback entries and early reversals.

EMA 50 (Orange) — Institutional Support/Resistance (Dynamic Order Block):
Key institutional level for pullbacks, mitigations, and liquidity grabs.
Price reacts here for most SMC mitigation setups and “expansion box” targets.
Also serves as a dynamic volatility anchor for dynamic stop placement.

EMA 63 (Green) — Session Mean Reversion / Volatility Filter:
Used to filter trend exhaustion and session mean reversion.
Great for identifying mid-session traps and SMC “liquidity void” re-tests.
Confluence with EMA50 often signals major pivots.

EMA 84 (Purple) — Higher Session Bias / Institutional Anchor:
Maps slow sessional trend changes and large institutional order flow.
Key for swing scalp entries and “order block defense” in trending markets.
Provides premium/discount levels relative to session range.

EMA 200 (Red) — Macro Trend / Smart Money Bias:
The ultimate directional filter — marks overall market regime.
Only take buys above EMA200 (unless strong reversal SMC context); only take sells below.
Major structure shifts and break-of-structure (BOS) signals are most powerful when occurring at/near EMA200.

How to Use:
EMA Stacking: The more EMAs stacked in order, the stronger the institutional trend conviction.
Pullbacks: Highest-probability entries occur at EMA50/63/84 with SMC structure alignment.
Momentum Breaks: Commitment candles breaking EMA5/21 often signal the start of high-RR moves.
Risk Management: Use EMA50/63 as dynamic stops and break-even triggers.

Best Timeframes:
Stack is valid for all timeframes; optimized for M1–M15 for entry precision, H1+ for trend bias.

Pro Tip:
Combine this EMA stack with order blocks, liquidity zones, and volume spikes for the highest accuracy and trap avoidance in volatile markets.