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JXMJXRS - EMA Break Velocity
EMA Breaks Velocity is a crypto-focused indicator that detects strong momentum breakouts using EMA crossover logic combined with a velocity filter. It is designed to help avoid fakeouts and only react to meaningful price action.
This tool calculates two EMAs (default 20 and 50) and identifies when they cross. However, a signal is only triggered if the price also moves a minimum percentage within the same candle. This ensures that breakouts are only flagged when accompanied by significant momentum.
A bullish breakout is detected when the fast EMA crosses above the slow EMA and the candle’s open-to-close percentage gain exceeds the velocity threshold. A bearish breakout is the opposite. The default velocity threshold is 1.5 percent, but this can be adjusted in the settings.
When a breakout condition is met, a triangle is plotted on the chart to indicate the entry signal. If an EMA crossover happens but the candle is too weak, a light warning label appears to signal a low-strength move that should be treated cautiously.
This indicator works well on 5-minute to 1-hour charts and is ideal for high-volatility altcoins and major pairs like BTC and ETH. Alerts are included for both bullish and bearish velocity-confirmed breakouts.
You can adjust the EMAs and velocity threshold to better suit different market conditions or pairs.
Labels will only remain when breakout strength is confirmed. Quick fades or fakeouts may cause labels to appear briefly and disappear, highlighting potential market indecision during the breakout.
This tool calculates two EMAs (default 20 and 50) and identifies when they cross. However, a signal is only triggered if the price also moves a minimum percentage within the same candle. This ensures that breakouts are only flagged when accompanied by significant momentum.
A bullish breakout is detected when the fast EMA crosses above the slow EMA and the candle’s open-to-close percentage gain exceeds the velocity threshold. A bearish breakout is the opposite. The default velocity threshold is 1.5 percent, but this can be adjusted in the settings.
When a breakout condition is met, a triangle is plotted on the chart to indicate the entry signal. If an EMA crossover happens but the candle is too weak, a light warning label appears to signal a low-strength move that should be treated cautiously.
This indicator works well on 5-minute to 1-hour charts and is ideal for high-volatility altcoins and major pairs like BTC and ETH. Alerts are included for both bullish and bearish velocity-confirmed breakouts.
You can adjust the EMAs and velocity threshold to better suit different market conditions or pairs.
Labels will only remain when breakout strength is confirmed. Quick fades or fakeouts may cause labels to appear briefly and disappear, highlighting potential market indecision during the breakout.
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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.