Chandelier Exit + FVG + EMAs

🏷️ Title:
Chandelier Exit + Fair Value Gaps (3-Candle Logic) + Customizable EMAs

📝 Description (TradingView format):
Overview
This script combines the original Chandelier Exit indicator by Alex Orekhov (everget) with a precision Fair Value Gap (FVG) detector based on a 3-candle formation logic. The script also integrates three customizable Exponential Moving Averages (EMAs) for trend filtering and visual support.

🔍 What’s Unique
Unlike standard FVG indicators that mark gaps only visually, this script filters and signals only when the FVG aligns with the active market direction based on the Chandelier Exit.

✅ Fair Value Gaps are drawn starting from the first candle of the pattern (candle 1), not the confirming one.

✅ Signals (BUY/SELL) are shown on the third candle — when the FVG is confirmed and direction is aligned.

✅ Optional filter: close must be above/below a customizable EMA (default: EMA 150).

✅ Includes automatic or persistent FVG rectangles (configurable via input).

✅ Clean visuals with color-coded gaps and real-time signals.

🔧 How It Works
FVG Detection Logic (3 candles):
Bullish FVG:

Candle 3 low > Candle 1 high

FVG drawn from Candle 1: top = Candle 3 low, bottom = Candle 1 high

BUY signal if aligned with Chandelier Long

Bearish FVG:

Candle 3 high < Candle 1 low

FVG drawn from Candle 1: top = Candle 1 low, bottom = Candle 3 high

SELL signal if aligned with Chandelier Short

Entry Filter:
Signals are only triggered if:

Chandelier Exit direction matches the FVG direction

(Optional) Close is above/below the EMA 150

Signal appears on the same bar where the FVG is confirmed

⚙️ Inputs:
ATR Period & Multiplier (for Chandelier)

Use Close for Extremes (Chandelier logic)

EMA Fast, Mid, and Main (for visual and optional signal filtering)

Number of candles for FVG detection

Extension length for FVG rectangles

Toggle: Keep or remove older FVGs

Toggle: Await bar confirmation

🛠 Recommended Use:
Works best on intraday timeframes for scalping or continuation setups

Combine with support/resistance or liquidity zones for best results

Great as a confirmation tool in momentum strategies

⚠️ Important Notes:
This script does not repaint

The Chandelier Exit logic is based on the exact implementation by everget

You can enable alerts for directional change or FVG confirmation signals

Happy Trading!!!