OPEN-SOURCE SCRIPT
EMA 12 & 26 with Fill + SMA 38 & 100
A combination of EMA and SMA to detect trend changes quickly.
Arrow signals appear when key EMA and SMA crosses occur, indicating potential entry or exit opportunities.
This indicator is designed to help traders identify momentum and trend direction using four main moving averages:
EMA 12 (Green) – reacts quickly to price changes.
EMA 26 (Orange) – confirms medium-term trends.
SMA 38 (Orange) – provides additional confirmation to EMA momentum.
SMA 100 (Red) – shows the overall major trend direction.
This tool works well for intraday and swing trading in volatile markets such as FCPO, Forex, Gold, or Stocks.
Use it together with proper risk management and always confirm with support/resistance confluence before taking entries.
Arrow signals appear when key EMA and SMA crosses occur, indicating potential entry or exit opportunities.
This indicator is designed to help traders identify momentum and trend direction using four main moving averages:
EMA 12 (Green) – reacts quickly to price changes.
EMA 26 (Orange) – confirms medium-term trends.
SMA 38 (Orange) – provides additional confirmation to EMA momentum.
SMA 100 (Red) – shows the overall major trend direction.
This tool works well for intraday and swing trading in volatile markets such as FCPO, Forex, Gold, or Stocks.
Use it together with proper risk management and always confirm with support/resistance confluence before taking entries.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.