OPEN-SOURCE SCRIPT
EMA 9/EMA 21 with Supertrend_Deep
This Pine Script implements a Supertrend Indicator combined with EMA 9 and EMA 21 for enhanced trend analysis in financial markets. The Supertrend indicator uses the Average True Range (ATR) to identify bullish or bearish trends and generates buy/sell signals based on trend reversals. The script also includes exponential moving averages (EMA 9 and EMA 21) to assist in identifying dynamic support and resistance levels or confirm trend direction. Features like signal highlighting, customizable ATR parameters, and alert conditions make it a versatile tool for traders.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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