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EMA RANGE
EMA RANGE
EMA RANGE is a simple, price-focused indicator that plots an Exponential Moving Average (EMA) with a dynamic ATR-based range above and below it. The ATR bands adapt to market volatility, helping traders visualize normal price movement and identify potential expansion or compression zones.
🔹 Features
Customizable EMA length
ATR range bands plotted above and below the EMA
Adjustable ATR length and multiplier
Toggle to enable or disable ATR ranges
Fully customizable colors and line thickness from the Style tab
🔹 How It Works
The EMA serves as the central trend reference.
The Average True Range (ATR) measures volatility.
Upper and lower bands are calculated as:
EMA ± (ATR × Multiplier)
When price remains inside the range, conditions are considered normal. Moves outside the range may signal increased volatility, momentum expansion, or potential breakout conditions.
🔹 Best Use Cases
Trend continuation and pullback analysis
Volatility-based risk framing
Dynamic support and resistance visualization
Works on any market and timeframe
EMA RANGE is designed to stay clean, responsive, and easy to interpret—making it suitable for both discretionary and systematic traders.
EMA RANGE is a simple, price-focused indicator that plots an Exponential Moving Average (EMA) with a dynamic ATR-based range above and below it. The ATR bands adapt to market volatility, helping traders visualize normal price movement and identify potential expansion or compression zones.
🔹 Features
Customizable EMA length
ATR range bands plotted above and below the EMA
Adjustable ATR length and multiplier
Toggle to enable or disable ATR ranges
Fully customizable colors and line thickness from the Style tab
🔹 How It Works
The EMA serves as the central trend reference.
The Average True Range (ATR) measures volatility.
Upper and lower bands are calculated as:
EMA ± (ATR × Multiplier)
When price remains inside the range, conditions are considered normal. Moves outside the range may signal increased volatility, momentum expansion, or potential breakout conditions.
🔹 Best Use Cases
Trend continuation and pullback analysis
Volatility-based risk framing
Dynamic support and resistance visualization
Works on any market and timeframe
EMA RANGE is designed to stay clean, responsive, and easy to interpret—making it suitable for both discretionary and systematic traders.
Skrip sumber terbuka
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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
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.
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.