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HEMA Trend Levels [AlgoAlpha]

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This indicator analyzes trend, momentum, volume and liquidity traps to generate LONG/SHORT signals.
It also includes automatic support/resistance zones, volatility warnings, and a risk panel.

Features:

EMA, DEMA, RSI, MACD, ADX, HTF EMA confirmations

ATR-based TP1 / TP2 targets with trailing SL

Liquidity trap / wick detection

Pump/dump movement alarms

Colored Heikin Ashi candles

Automatic support/resistance zones (pivot-based)

Top-right panel with trend, RSI, MACD, volume/ADX, active trade and risk score

How to Use:

Timeframes: Best for 1m–15m scalping, 1H–4H swing trading.

Signals: “BUY” label → Long entry, “SELL” label → Short entry.

Zones: Green = support, Red = resistance.

Alerts: High ATR = reduce leverage, Bot trap = caution.

Panel: When trend & confirmations align, the signal is stronger.

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.