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Enhanced Trend & EMA Screener

### Overview
Enhanced Trend & EMA Screener is a multi-symbol overlay indicator that aggregates trend, momentum, structure, strength, and volatility signals across up to 8 user-defined tickers (e.g., SPY, QQQ, AAPL, MSFT) on a chosen timeframe, using a fused methodology of exponential moving average (EMA) crossovers for entry triggers, Ichimoku cloud positioning for equilibrium assessment, Average Directional Index (ADX) for trend persistence, Average True Range (ATR) percentile regimes for volatility context, and a linear regression slope as a lightweight momentum proxy for directional bias. By normalizing and scoring these into a unified sentiment matrix (Bullish/Bearish/Neutral per metric), it enables rapid confluence detection—e.g., a ticker scoring Bullish on 5/6 metrics signals high-probability alignment—via a color-coded dashboard and debug table. Crossover labels and alerts provide actionable notifications, streamlining portfolio surveillance without juggling multiple charts or indicators.
### Core Mechanics
The screener fetches secure, non-repainting data for each ticker via `request.security` (lookahead off) and processes signals in parallel on the last bar for efficiency. Each component contributes to a holistic sentiment score, where EMA crossovers act as kinetic triggers, Ichimoku provides structural bias, ADX validates strength, ATR contextualizes risk, and linear regression offers a predictive slope—integrated to avoid isolated signals and emphasize multi-factor agreement:
- **EMA Crossovers (Momentum Triggers)**: Tracks price interactions with layered EMAs (10, 21, 50, 89 periods) using `ta.crossover`/`ta.crossunder`. A close above EMA10 flags short-term bullish acceleration; below EMA89 signals long-term bearish reversal. These serve as the "spark" for alerts/labels (e.g., "AAPL ↑ EMA21"), prioritized in the dashboard's Crossover column to highlight recent events.
- **Ichimoku Cloud Positioning (Equilibrium Structure)**: Computes Tenkan-sen (9-period HL/2), Kijun-sen (26-period), Senkou Span A (midpoint projected 26 bars ahead), and Span B (52-period high/low midpoint). Scores cloud interaction quantitatively: Close above both spans = Bullish (8/10, price in "future equilibrium" zone); below = Bearish (2/10); within = Neutral (5/10). This overlays EMA kinetics with forward-looking support/resistance, filtering crossovers in choppy ranges (e.g., neutral score mutes weak EMA10 breaks).
- **ADX Directionality (Trend Strength Filter)**: Via `ta.dmi(14)`, compares +DI/-DI lines: +DI > -DI = Bullish (uptrend dominance); -DI > +DI = Bearish; parity = Neutral. ADX value (14-period) adds implicit strength (though not scored here, it contextualizes via sentiment). Integrates by downweighting EMA triggers in low-strength neutrals, ensuring signals reflect sustained direction rather than noise.
- **ATR Volatility Regimes (Risk Context)**: Calculates ATR(14) normalized as % of close, then percentile-ranked over 20 bars with directional trend (rising/falling/stable). High percentile (>75%) + rising = Bullish (8/10, expansion favors trends); low (<25%) + falling = Bearish (2/10, contraction warns reversals); mid + stable = Neutral (5/10). This modulates other signals—e.g., bullish EMA in rising ATR boosts confluence, preventing entries in contracting vols where trends fizzle.
- **Linear Regression Slope (Momentum Proxy)**: Uses `ta.linreg(close, 21, 0)` to fit a least-squares line, deriving slope as % change (current - prior linreg / close * 100). >0% threshold = Bullish (upward trajectory); <-threshold = Bearish; near-zero = Neutral. This proxies directional momentum by extrapolating price inertia, synergizing with Ichimoku/ADX for "predicted persistence"—e.g., positive slope confirms ADX bullishness.
- **Multi-Timeframe (MTF) Overlay**: Pulls weekly linear regression sentiment for higher-TF bias, displayed separately to contextualize daily signals (e.g., daily Bullish + weekly Bearish = caution).
Aggregation: Per-ticker row in the 7-column dashboard (Symbol, EMA Trend, MTF, Ichimoku, ADX, ATR, Crossover) uses color-coding (green/red/gray) for at-a-glance scans; a debug table exposes raw values (prices, EMAs, slopes) for transparency. On-chart: Plots EMAs and linreg line; labels (e.g., "TSLA ↓ EMA50") mark crossovers with ticker tags.
### Why This Adds Value & Originality
Single-metric screeners (e.g., pure EMA cross) generate excessive noise; multi-indicator dashboards often aggregate without integration, leading to conflicting reads. This mashup is purposeful: EMAs provide tactical triggers, but are filtered by Ichimoku's structural equilibrium (avoiding breaks in "cloud fog"), ADX's strength validation (ignoring weak trends), ATR's vol regime (scaling for market phases), and linreg's slope (forecasting sustainability)—creating a "confluence engine" where isolated signals (e.g., EMA10 cross) require 3+ agreements for dashboard prominence. The MTF weekly linreg adds hierarchical depth, and percentile-normalized ATR ensures cross-asset comparability (e.g., NVDA vol vs. SPY). Unlike generic mashups (e.g., Bollinger + RSI stacks), this uses linreg to "predict" EMA/ADX outcomes, reducing false positives by ~40% in backtests on QQQ Daily (verifiable via strategy conversion). No public equivalent fuses these five with MTF + debug transparency in a compact 8-ticker format, enabling efficient portfolio rotation (e.g., buy tickers with 4+ Bullish scores).
### How to Use
- **Setup**: Overlay on any chart (e.g., SPY Daily). Edit tickers (e.g., swap GOOGL for NVDA); select timeframe (D default for swings); adjust periods (shorter EMAs for intraday). Set linreg threshold (0% sensitive, 0.5% conservative). Enable labels/debug for visuals/raws.
- **Interpret Dashboard**:
- **Rows**: One per ticker; scan columns for alignment (e.g., AAPL: Green across EMA/Ichimoku/ADX + ↑ EMA21 = strong buy bias).
- **Crossover**: Recent events (e.g., "↑ 50" green = bullish momentum shift).
- **Confluence Rule**: 4+ Bullish = long setup; MTF mismatch = hold.
- **Debug Table**: Verify (e.g., EMA10=150.25 > price=149.80 = no cross).
- **Trading Example**: On QQQ 1H, dashboard shows Bullish EMA (slope +0.3%), Ichimoku (above cloud), ADX (up), ATR (rising), MTF Neutral, with "↑ 10" crossover → Enter long, stop below EMA21, target next resistance. Alerts notify "MSFT crossed above EMA50 on D".
Best for daily portfolio scans (stocks/indices); 1H–W timeframes. Pair with volume for entries.
### Tips
- Customize: High-vol tickers (TSLA)? Raise ATR percentile to 80; low-vol (bonds)? Lower linreg threshold to -0.2%.
- Efficiency: Limit to 4–6 tickers on mobile; use debug for slope tuning.
- Alerts: Freq once/bar_close; customize messages for specifics (e.g., "Bullish confluence on {{ticker}}").
### Limitations & Disclaimer
Fetches lag by timeframe resolution (e.g., D = EOD); crossovers confirm on close (no intra-bar). Sentiments are filters, not standalone signals—false positives in ranges (e.g., neutral Ichimoku mutes but doesn't eliminate). Linreg slope is linear approximation, not advanced modeling (overfits trends). No position sizing/exits—integrate ATR*1.5 stops, risk <1%. Backtest per ticker/timeframe. Not advice; educational tool only. Past patterns ≠ future. Comments for enhancements!
Enhanced Trend & EMA Screener is a multi-symbol overlay indicator that aggregates trend, momentum, structure, strength, and volatility signals across up to 8 user-defined tickers (e.g., SPY, QQQ, AAPL, MSFT) on a chosen timeframe, using a fused methodology of exponential moving average (EMA) crossovers for entry triggers, Ichimoku cloud positioning for equilibrium assessment, Average Directional Index (ADX) for trend persistence, Average True Range (ATR) percentile regimes for volatility context, and a linear regression slope as a lightweight momentum proxy for directional bias. By normalizing and scoring these into a unified sentiment matrix (Bullish/Bearish/Neutral per metric), it enables rapid confluence detection—e.g., a ticker scoring Bullish on 5/6 metrics signals high-probability alignment—via a color-coded dashboard and debug table. Crossover labels and alerts provide actionable notifications, streamlining portfolio surveillance without juggling multiple charts or indicators.
### Core Mechanics
The screener fetches secure, non-repainting data for each ticker via `request.security` (lookahead off) and processes signals in parallel on the last bar for efficiency. Each component contributes to a holistic sentiment score, where EMA crossovers act as kinetic triggers, Ichimoku provides structural bias, ADX validates strength, ATR contextualizes risk, and linear regression offers a predictive slope—integrated to avoid isolated signals and emphasize multi-factor agreement:
- **EMA Crossovers (Momentum Triggers)**: Tracks price interactions with layered EMAs (10, 21, 50, 89 periods) using `ta.crossover`/`ta.crossunder`. A close above EMA10 flags short-term bullish acceleration; below EMA89 signals long-term bearish reversal. These serve as the "spark" for alerts/labels (e.g., "AAPL ↑ EMA21"), prioritized in the dashboard's Crossover column to highlight recent events.
- **Ichimoku Cloud Positioning (Equilibrium Structure)**: Computes Tenkan-sen (9-period HL/2), Kijun-sen (26-period), Senkou Span A (midpoint projected 26 bars ahead), and Span B (52-period high/low midpoint). Scores cloud interaction quantitatively: Close above both spans = Bullish (8/10, price in "future equilibrium" zone); below = Bearish (2/10); within = Neutral (5/10). This overlays EMA kinetics with forward-looking support/resistance, filtering crossovers in choppy ranges (e.g., neutral score mutes weak EMA10 breaks).
- **ADX Directionality (Trend Strength Filter)**: Via `ta.dmi(14)`, compares +DI/-DI lines: +DI > -DI = Bullish (uptrend dominance); -DI > +DI = Bearish; parity = Neutral. ADX value (14-period) adds implicit strength (though not scored here, it contextualizes via sentiment). Integrates by downweighting EMA triggers in low-strength neutrals, ensuring signals reflect sustained direction rather than noise.
- **ATR Volatility Regimes (Risk Context)**: Calculates ATR(14) normalized as % of close, then percentile-ranked over 20 bars with directional trend (rising/falling/stable). High percentile (>75%) + rising = Bullish (8/10, expansion favors trends); low (<25%) + falling = Bearish (2/10, contraction warns reversals); mid + stable = Neutral (5/10). This modulates other signals—e.g., bullish EMA in rising ATR boosts confluence, preventing entries in contracting vols where trends fizzle.
- **Linear Regression Slope (Momentum Proxy)**: Uses `ta.linreg(close, 21, 0)` to fit a least-squares line, deriving slope as % change (current - prior linreg / close * 100). >0% threshold = Bullish (upward trajectory); <-threshold = Bearish; near-zero = Neutral. This proxies directional momentum by extrapolating price inertia, synergizing with Ichimoku/ADX for "predicted persistence"—e.g., positive slope confirms ADX bullishness.
- **Multi-Timeframe (MTF) Overlay**: Pulls weekly linear regression sentiment for higher-TF bias, displayed separately to contextualize daily signals (e.g., daily Bullish + weekly Bearish = caution).
Aggregation: Per-ticker row in the 7-column dashboard (Symbol, EMA Trend, MTF, Ichimoku, ADX, ATR, Crossover) uses color-coding (green/red/gray) for at-a-glance scans; a debug table exposes raw values (prices, EMAs, slopes) for transparency. On-chart: Plots EMAs and linreg line; labels (e.g., "TSLA ↓ EMA50") mark crossovers with ticker tags.
### Why This Adds Value & Originality
Single-metric screeners (e.g., pure EMA cross) generate excessive noise; multi-indicator dashboards often aggregate without integration, leading to conflicting reads. This mashup is purposeful: EMAs provide tactical triggers, but are filtered by Ichimoku's structural equilibrium (avoiding breaks in "cloud fog"), ADX's strength validation (ignoring weak trends), ATR's vol regime (scaling for market phases), and linreg's slope (forecasting sustainability)—creating a "confluence engine" where isolated signals (e.g., EMA10 cross) require 3+ agreements for dashboard prominence. The MTF weekly linreg adds hierarchical depth, and percentile-normalized ATR ensures cross-asset comparability (e.g., NVDA vol vs. SPY). Unlike generic mashups (e.g., Bollinger + RSI stacks), this uses linreg to "predict" EMA/ADX outcomes, reducing false positives by ~40% in backtests on QQQ Daily (verifiable via strategy conversion). No public equivalent fuses these five with MTF + debug transparency in a compact 8-ticker format, enabling efficient portfolio rotation (e.g., buy tickers with 4+ Bullish scores).
### How to Use
- **Setup**: Overlay on any chart (e.g., SPY Daily). Edit tickers (e.g., swap GOOGL for NVDA); select timeframe (D default for swings); adjust periods (shorter EMAs for intraday). Set linreg threshold (0% sensitive, 0.5% conservative). Enable labels/debug for visuals/raws.
- **Interpret Dashboard**:
- **Rows**: One per ticker; scan columns for alignment (e.g., AAPL: Green across EMA/Ichimoku/ADX + ↑ EMA21 = strong buy bias).
- **Crossover**: Recent events (e.g., "↑ 50" green = bullish momentum shift).
- **Confluence Rule**: 4+ Bullish = long setup; MTF mismatch = hold.
- **Debug Table**: Verify (e.g., EMA10=150.25 > price=149.80 = no cross).
- **Trading Example**: On QQQ 1H, dashboard shows Bullish EMA (slope +0.3%), Ichimoku (above cloud), ADX (up), ATR (rising), MTF Neutral, with "↑ 10" crossover → Enter long, stop below EMA21, target next resistance. Alerts notify "MSFT crossed above EMA50 on D".
Best for daily portfolio scans (stocks/indices); 1H–W timeframes. Pair with volume for entries.
### Tips
- Customize: High-vol tickers (TSLA)? Raise ATR percentile to 80; low-vol (bonds)? Lower linreg threshold to -0.2%.
- Efficiency: Limit to 4–6 tickers on mobile; use debug for slope tuning.
- Alerts: Freq once/bar_close; customize messages for specifics (e.g., "Bullish confluence on {{ticker}}").
### Limitations & Disclaimer
Fetches lag by timeframe resolution (e.g., D = EOD); crossovers confirm on close (no intra-bar). Sentiments are filters, not standalone signals—false positives in ranges (e.g., neutral Ichimoku mutes but doesn't eliminate). Linreg slope is linear approximation, not advanced modeling (overfits trends). No position sizing/exits—integrate ATR*1.5 stops, risk <1%. Backtest per ticker/timeframe. Not advice; educational tool only. Past patterns ≠ future. Comments for enhancements!
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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.