OPEN-SOURCE SCRIPT
4 EMA Perfect Order + Strength + MTF + Breakdown Alerts (v6.1)
📘 Description
4 EMA Perfect Order + Strength + MTF + Breakdown Alerts (v6.1)
This indicator provides a complete multi‑EMA trend structure analysis with Perfect Order detection, breakdown alerts, strength measurement, and multi‑timeframe confirmation. It is designed for traders who want a clean, reliable, and highly configurable trend‑following tool.
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🔍 Key Features
1. Customizable EMA System (1–4 lines)
You can choose how many EMAs to display (1 to 4) and freely set the period for each EMA.
This allows you to adapt the indicator to any trading style—from scalping to swing trading.
2. Perfect Order Detection
The script identifies:
• Bullish Perfect Order (EMA1 > EMA2 > EMA3 > EMA4)
• Bearish Perfect Order (EMA1 < EMA2 < EMA3 < EMA4)
Signals are triggered only when the structure changes, ensuring clean and meaningful alerts.
3. Breakdown Alerts
The indicator detects when a previously established Perfect Order collapses:
• Bullish PO Breakdown
• Bearish PO Breakdown
These moments often signal trend exhaustion or the beginning of a reversal.
4. Multi‑Timeframe (MTF) EMA Confirmation
All EMAs are calculated on a higher timeframe of your choice.
This helps you align entries with the dominant trend and avoid counter‑trend traps.
5. Trend Strength Measurement
The indicator calculates the percentage distance between the fastest and slowest EMA.
Displayed directly on the chart:
• Current timeframe strength
• MTF strength
This gives you a quick visual gauge of trend momentum.
6. Clean Visual Signals
• Arrows for Perfect Order confirmation
• Circles for breakdown events
• Optional EMA visibility based on your selected count
Everything is designed for clarity and minimal chart clutter.
7. Full Alert Support
Alerts are available for:
• Bullish Perfect Order
• Bearish Perfect Order
• Bullish Breakdown
• Bearish Breakdown
Perfect for automated notifications or bot integration.
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🎯 Ideal For
• Trend‑following traders
• EMA‑based systems
• Multi‑timeframe confluence strategies
• Reversal detection
• Scalping, day trading, swing trading
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💡 Summary
This indicator combines flexibility, precision, and multi‑timeframe logic to help you identify strong trends, detect structural shifts, and stay aligned with market momentum.
Highly customizable and suitable for any market or timeframe.
4 EMA Perfect Order + Strength + MTF + Breakdown Alerts (v6.1)
This indicator provides a complete multi‑EMA trend structure analysis with Perfect Order detection, breakdown alerts, strength measurement, and multi‑timeframe confirmation. It is designed for traders who want a clean, reliable, and highly configurable trend‑following tool.
---
🔍 Key Features
1. Customizable EMA System (1–4 lines)
You can choose how many EMAs to display (1 to 4) and freely set the period for each EMA.
This allows you to adapt the indicator to any trading style—from scalping to swing trading.
2. Perfect Order Detection
The script identifies:
• Bullish Perfect Order (EMA1 > EMA2 > EMA3 > EMA4)
• Bearish Perfect Order (EMA1 < EMA2 < EMA3 < EMA4)
Signals are triggered only when the structure changes, ensuring clean and meaningful alerts.
3. Breakdown Alerts
The indicator detects when a previously established Perfect Order collapses:
• Bullish PO Breakdown
• Bearish PO Breakdown
These moments often signal trend exhaustion or the beginning of a reversal.
4. Multi‑Timeframe (MTF) EMA Confirmation
All EMAs are calculated on a higher timeframe of your choice.
This helps you align entries with the dominant trend and avoid counter‑trend traps.
5. Trend Strength Measurement
The indicator calculates the percentage distance between the fastest and slowest EMA.
Displayed directly on the chart:
• Current timeframe strength
• MTF strength
This gives you a quick visual gauge of trend momentum.
6. Clean Visual Signals
• Arrows for Perfect Order confirmation
• Circles for breakdown events
• Optional EMA visibility based on your selected count
Everything is designed for clarity and minimal chart clutter.
7. Full Alert Support
Alerts are available for:
• Bullish Perfect Order
• Bearish Perfect Order
• Bullish Breakdown
• Bearish Breakdown
Perfect for automated notifications or bot integration.
---
🎯 Ideal For
• Trend‑following traders
• EMA‑based systems
• Multi‑timeframe confluence strategies
• Reversal detection
• Scalping, day trading, swing trading
---
💡 Summary
This indicator combines flexibility, precision, and multi‑timeframe logic to help you identify strong trends, detect structural shifts, and stay aligned with market momentum.
Highly customizable and suitable for any market or timeframe.
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.