EMA Package - Color CodedThis is a package of up to 6 EMA's that change color with direction and include an neutral color for flat periods of consolidation. Easy and consise to use. One can set alerts for color/direction change and use in the creation of stratgies.
Exponential Moving Average (EMA)
D2E (Distance to EMA)D2E (Distance to EMA) measures how far price is from its daily Exponential Moving Average (EMA), both as a percentage and in dollar terms. It helps traders quickly assess how extended price is from its mean, making it useful for spotting overbought/oversold conditions, pullback opportunities, or trend exhaustion.
The indicator optionally plots threshold zones as bands on the chart: yellow lines mark a standard deviation based on a user-defined % distance, while red lines flag more extreme moves. When price crosses these thresholds, it may suggest potential reversals or continuation depending on context.
A compact on-chart table shows the current EMA, % deviation, and dollar difference from price. Text color changes based on how far price has moved—green (normal), yellow (near threshold), or red (beyond extreme).
Customizable settings include:
• EMA Length (default 20)
• Threshold % and Extreme Threshold %
• Table Position (top/bottom left/right)
• Table Font Size (Tiny to Huge)
Threshold lines are hidden by default but can be toggled on via the Style tab, where you can also adjust their color and thickness.
Built-in alert conditions are included for when price crosses above or below either threshold level.
Blended EMA (9 & 20)Shows EMA 9, EMA 20, and their blended average
Toggle to hide/show the original EMAs
Clean, easy to read — ideal for entry setups on lower timeframes
Advanced Swing Breakout + RSI + EMA + Smart Volume SpikeThis indicator is designed to identify high-probability swing trade setups using a confluence of:
Swing High/Low Breakouts
RSI Trend Strength
EMA Directional Bias
Smart Volume Spike Confirmation
It combines key price action levels with volume and momentum filters to generate clean, actionable breakout alerts. It’s perfect for both intraday and swing traders looking to trade breakouts with confirmation from multiple technical layers.
⚙️ How It Works:
✅ Swing Detection:
Plots Swing Highs and Swing Lows based on the past N candles.
Highlights breakouts above highs or breakdowns below lows.
💪 RSI Filter:
Confirms whether the breakout is supported by RSI momentum.
Bullish breakout requires RSI > 50 and price above EMA.
Bearish breakdown requires RSI < 50 and price below EMA.
📈 EMA Trend Bias:
EMA (default 20-period) shows directional bias.
Used as a filter to confirm trade direction.
🔊 Smart Volume Spike:
Detects significant volume spikes above a moving average threshold.
Color-coded bars show whether volume is bullish, bearish, or neutral.
Ensures breakout is not on weak or average volume.
🚨 Alerts Included:
✅ Break Above Swing High: Only triggers when RSI, EMA, and Volume all confirm the move.
⚠️ Break Below Swing Low: Triggered only when bearish conditions are met.
📊 Visual Output:
Swing Highs: 🔴 Red Dots
Swing Lows: 🟢 Green Dots
EMA Line: 🟠 Orange Line
Volume Spike Bars: Appears in separate pane with dynamic color logic.
🧠 Best Use Cases:
Intraday Scalping (5m–15m timeframes)
Swing Trading (1H–4H)
Breakout Confirmation
Volume-Supported Entry Filtering
Multi Layer EMA Cross ADX Signals #wallstreetdeerMulti-layered Analysis: The strategy uses a combination of indicators to confirm trends and filter out market noise, pinpointing high-probability entries. It includes logic to adapt to different market regimes, ensuring relevance across varying market conditions.
Highly customizable indicator settings help you to increase signal success rate for your favorite instrument.
EMA 10/20 Crossover BackgroundThis script works best on a weekly chart and it taints the background green if the EMA-10 is larger than EMA-20 (EMA lengths can be configured) and red otherwise. I use this script to immediately determine if a market is trending upwards or downwards.
Multi-Timeframe MA 200Multi-Timeframe MA 200
This powerful tool plots the 200-period Moving Average across multiple timeframes (5m, 15m, 30m, 1h, 4h, Daily) directly on your active chart. You can switch between SMA (Simple Moving Average) and EMA (Exponential Moving Average) for all timeframes at once.
Key features:
✅ 100% accurate calculation using the original timeframe
✅ Option to choose SMA or EMA
✅ Visual smoothing for cleaner display
✅ Floating labels showing the origin timeframe
✅ Clean interface – no clutter or legends
✅ Ideal for scalping, intraday, and swing traders
Developed by BELOTTO TRADER, founder of the CLUBE DO GAIN – one of the most engaged trading communities in the Portuguese-speaking world.
Daily EMAs (5, 10, 30) — Locked to 1DDaily EMAs (5, 10, 30) — Locked to 1D
This indicator plots the 5-day, 10-day, and 30-day Exponential Moving Averages (EMAs) using daily timeframe data, regardless of the chart timeframe you're viewing.
It’s ideal for traders who want to maintain a consistent view of daily trend structure — even when zoomed into intraday charts like the 5-minute or 1-hour.
Multi Averages - CustomizableThis script adds up to 5 moving averages to your plot!
Both type and length are customizable.
Multi EMA & SMA IndicatorDraws EMA 5/20/50/100 and SMA 200 in different colors and thickness in a single indicator
EMA 10,20 SMA 50, 200This indicator is very helpful for swing traders who plan their trades using EMAs and SMAs. It is used on the daily chart and displays the 10- and 20-EMA, as well as the 50- and 200-SMA.
Money NoodleThe Money Noodle is a dynamic trend-following indicator built around a custom EMA band system. It features:
Three customizable EMAs, with focus on the Main EMA as the core trend line
Optional upper and lower bands based on ATR or percentage, helping identify volatility zones
Clean chart appearance by default, with optional signals for breakouts and bounces
Alerts and an optional status table for added utility
Perfect for traders looking to visualize trend momentum, spot volatility squeezes, and catch key price reactions near dynamic support/resistance levels.
EMA21 Crosses With EMA50 Condition - With Alertema 21 above ema 50 and candle crosses above ema 21 crosses & ema 21 lower than ema 50 and current candle crosses below ema 21
Color Change EMA 200 (3 Min)- EMA 200 locked on 3 minute time frame
- Color changes red when bearish, and green when bullish.
VIX Filter/RSI/EMA Bias/Cum-TICK w/ Exhaustion Zone DashboardThis all-in-one dashboard gives intraday traders a real-time visual read of market conditions, combining volatility regime, trend bias, momentum exhaustion, and internal strength — all in a fully customizable overlay that won’t clutter your chart.
📉 VIX Market Regime Detector
Identifies "Weak", "Normal", "Volatile", or "Danger" market states based on customizable VIX ranges and symbol (e.g., VXN or VIX).
📊 RSI Momentum Readout
Displays real-time RSI from any selected timeframe or symbol, with adjustable length, OB/OS thresholds, and color-coded exhaustion alerts.
📈 EMA Trend Bias Scanner
Compares fast and slow EMAs to define bullish or bearish bias, using your preferred timeframe, symbol, and EMA lengths — ideal for multi-timeframe setups.
🧠 Cumulative TICK Pressure & Exhaustion Engine
Analyzes internal market strength using cumulative TICK data to classify conditions as:
-Strong / Mild Bullish or Bearish Pressure
-Choppy / No Edge
-⚠️ Exhaustion Zones — when raw TICK values hit extreme highs/lows, a separate highlight box appears in the dashboard, warning of potential turning points
All logic is customizable, including TICK symbol, timeframes, thresholds, and lookback periods.
Scalpers and day traders who want fast, visual insight into market internals, exhaustion, and trend bias.
Adjustable Percentage Range Moving Average - Add'l LinesThe Adjustable Percentage Range Moving Average (APRMA), originally developed by @ReallyWendy, is a versatile PineScript indicator designed for traders and market analysts to analyze market volatility and identify trends dynamically. Building on the original concept, this updated version plots a central moving average (MA) with four customizable percentage-based range bands around it. Users can select the MA type (SMA, EMA, HMA, RMA, SWMA, TMA, WMA, VWMA), timeframe, and length, tailoring the indicator to their trading style. Each range band (upper and lower) is calculated as a percentage offset from the MA, with adjustable colors and transparency settings for enhanced visual clarity. Extension lines project the latest values forward, with customizable styles (solid, dashed, dotted). The indicator includes toggleable display options for the MA and each range pair, making it an effective tool for identifying price ranges, support/resistance levels, and trend dynamics.
Credit to @ReallyWendy for the foundational concept.
21EMA Cross Alert When 21EMA >50EMABullish Signal when 21EMA is higher than 50EMA and gives alert when candle crosses above 21EMA
9:45am NIFTY TRADINGTime Frame: 15 Minutes | Reference Candle Time: 9:45 AM IST | Valid Trading Window: 3 Hours
📌 Introduction
This document outlines a structured trading strategy for NIFTY & BANKNIFTY Options based on a 15-minute timeframe with a 9:45 AM IST reference candle. The strategy incorporates technical indicators, probability analysis, and strict trading rules to optimize entries and exits.
📊 Core Features
1. Reference Time Trading System
9:45 AM IST Candle acts as the reference for the day.
All signals (Buy/Sell/Reversal) are generated based on price action relative to this candle.
The valid trading window is 3 hours after the reference candle.
2. Signal Generation Logic
Signal Condition
Buy (B) Price breaks above reference candle high with confirmation
Sell (S) Price breaks below reference candle low with confirmation
Reversal (R) Early trend reversal signal (requires strict confirmation)
3. Probability Analysis System
The strategy calculates Win Probability (%) using 4 components:
Component Weight Calculation
Body Win Probability 30% Based on candle body strength (body % of total range)
Volume Win Probability 30% Current volume vs. average volume strength
Trend Win Probability 40% EMA crossover + RSI momentum alignment
Composite Probability - Weighted average of all 3 components
Probability Color Coding:
🟢 Green (High Probability): ≥70%
🟠 Orange (Medium Probability): 50-69%
🔴 Red (Low Probability): <50%
4. Timeframe Enforcement
Strictly 15-minute charts only (no other timeframes allowed).
System auto-disables signals if the wrong timeframe is selected.
📈 Technical Analysis Components
1. EMA System (Trend Analysis)
Short EMA (9) – Fast trend indicator
Middle EMA (20) – Intermediate trend
Long EMA (50) – Long-term trend confirmation
Rules:
Buy Signal: Price > 9 EMA > 20 EMA > 50 EMA (Bullish trend)
Sell Signal: Price < 9 EMA < 20 EMA < 50 EMA (Bearish trend)
2. Multi-Timeframe RSI (Momentum)
5M, 15M, 1H, 4H, Daily RSI values are compared for divergence/confluence.
Overbought (≥70) / Oversold (≤30) conditions help in reversal signals.
3. Volume Analysis
Volume Strength (%) = (Current Volume / Avg. Volume) × 100
Strong Volume (>120% Avg.) confirms breakout/breakdown.
4. Body Percentage (Candle Strength)
Body % = (Close - Open) / (High - Low) × 100
Strong Bullish Candle: Body > 60%
Strong Bearish Candle: Body < 40%
📊 Visual Elements
1. Information Tables
Reference Data Table (9:45 AM Candle High/Low/Close)
RSI Values Table (5M, 15M, 1H, 4H, Daily)
Signal Legend (Buy/Sell/Reversal indicators)
2. Chart Overlays
Reference Lines (9:45 AM High & Low)
EMA Lines (9, 20, 50)
Signal Labels (B, S, R)
3. Color Coding
High Probability (Green)
Medium Probability (Orange)
Low Probability (Red)
⚠️ Important Usage Guidelines
✅ Best Practices:
Trade only within the 3-hour window (9:45 AM - 12:45 PM IST).
Wait for confirmation (closing above/below reference candle).
Use probability score to filter high-confidence trades.
❌ Avoid:
Trading outside the 15-minute timeframe.
Ignoring volume & RSI divergence.
Overtrading – Stick to 1-2 high-probability setups per day.
🎯 Conclusion
This NIFTY Trading Strategy is optimized for 15-minute charts with a 9:45 AM IST reference candle. It combines EMA trends, RSI momentum, volume analysis, and probability scoring to generate high-confidence signals.
🚀 Key Takeaways:
✔ Reference candle defines the day’s bias.
✔ Probability system filters best trades.
✔ Strict 15M timeframe ensures consistency.
Happy Trading! 📈💰
Advanced Trend Panel v3.1This is a comprehensive dashboard indicator designed to give traders a multi-faceted view of the market at a single glance. It combines key indicators across multiple timeframes, calculates trend duration, and presents all information in a clean, color-coded table. This tool is perfect for confirming trade ideas, identifying trend alignment, and understanding the underlying market dynamics.
#### Key Features:
* **All-in-One Dashboard:** A convenient on-chart table summarizes the state of multiple key indicators, saving you screen space and time.
* **Multi-Timeframe (MTF) Forecast:** Analyzes the long-term trend on a higher timeframe (e.g., Daily) to provide context for the current chart's trend.
* **Trend Analysis:** Uses dual sets of EMAs (long-term and short-term) to define the primary and immediate trend directions.
* **Trend Duration:** A unique feature that calculates how long the current short-term and long-term trends have been active, helping you gauge trend maturity.
* **Core Indicators Included:**
* **ADX:** Measures trend strength to differentiate between strong trends and weak or sideways markets.
* **RSI:** Identifies overbought and oversold conditions.
* **Point of Control (POC):** Shows the price level with the highest traded volume over a lookback period, acting as a key level of support/resistance.
* **Volume:** Compares current volume to its moving average to spot unusual activity.
* **Customizable Alerts:** Set up alerts for trend changes (long-term or short-term), RSI crossing into overbought/oversold zones, or shifts in ADX trend strength.
#### How to Use:
1. Apply the indicator to your chart.
2. In the settings, configure the timeframes, indicator lengths, and display options to match your trading style.
3. Use the table to quickly assess if the long-term trend, short-term trend, and momentum are aligned.
4. Enable alerts to be notified of key changes in market conditions without having to watch the chart constantly.
**Disclaimer:** This script is for educational purposes only and should not be considered financial advice. All trading involves risk. Past performance is not indicative of future results. Please backtest and use this tool as part of a comprehensive trading plan with proper risk management.
Feedback is always welcome! If you find this indicator useful, please leave a like.
[LeonidasCrypto]EMA with Volatility GlowEMA Volatility Glow - Advanced Moving Average with Dynamic Volatility Visualization
Overview
The EMA Volatility Glow indicator combines dual exponential moving averages with a sophisticated volatility measurement system, enhanced by dynamic visual effects that respond to real-time market conditions.
Technical Components
Volatility Calculation Engine
BB Volatility Curve: Utilizes Bollinger Band width normalized through RSI smoothing
Multi-stage Noise Filtering: 3-layer exponential smoothing algorithm reduces market noise
Rate of Change Analysis: Dual-timeframe RoC calculation (14/11 periods) processed through weighted moving average
Dynamic Normalization: 100-period lookback for relative volatility assessment
Moving Average System
Primary EMA: Default 55-period exponential moving average with volatility-responsive coloring
Secondary EMA: Default 100-period exponential moving average for trend confirmation
Trend Analysis: Real-time bullish/bearish determination based on EMA crossover dynamics
Visual Enhancement Framework
Gradient Band System: Multi-layer volatility bands using Fibonacci ratios (0.236, 0.382, 0.618)
Dynamic Color Mapping: Five-tier color system reflecting volatility intensity levels
Configurable Glow Effects: Customizable transparency and intensity settings
Trend Fill Visualization: Directional bias indication between moving averages
Key Features
Volatility States:
Ultra-Low: Minimal market movement periods
Low: Reduced volatility environments
Medium: Normal market conditions
High: Increased volatility phases
Extreme: Exceptional market stress periods
Customization Options:
Adjustable EMA periods
Configurable glow intensity (1-10 levels)
Variable transparency controls
Toggleable visual components
Customizable gradient band width
Technical Calculations:
ATR-based gradient bands with noise filtering
ChartPrime-inspired multi-layer fill system
Real-time volatility curve computation
Smooth color gradient transitions
Applications
Trend Identification: Dual EMA system for directional bias assessment
Volatility Analysis: Real-time market stress evaluation
Risk Management: Visual volatility cues for position sizing decisions
Market Timing: Enhanced visual feedback for entry/exit consideration
Innorade LSOB Zones for Sniper EntryOVERVIEW
Welcome to Innotrade LIQUIDITY SWEEP ORDERBLOCK (LSOB) Zones for Sniper Entry, an all-in-one institutional trading toolkit designed to identify high-probability multitimeframe reversal zones with precision. This indicator is not just a collection of tools; it's a synergistic system where each component works together to build a complete picture of the market, from macro structure down to the entry candle.
This all-in-one indicator suite is a comprehensive toolkit designed for discretionary traders who leverage multiple confluence factors in their analysis. It integrates eight distinct, powerful, and complementary trading systems into a single, cohesive interface. The primary purpose of this script is not just to build an indicator, but to create a synergistic framework where signals from one system can be validated by others, providing a higher-probability trading environment.
The core philosophy is built around identifying Liquidity Sweep Order Blocks (LSOB) and with Moving Averages. This combination pinpoints where institutional players have likely shown their hand, leaving behind clues for the retail trader to follow. The additional modules for trend, volume, and structure analysis provide the essential context needed to filter trades and boost confidence.
How Each System Works and Complements the Others
This suite is built on the principle of confluence. A signal from one system gains significance when confirmed by one or more of the other systems. Below is a breakdown of each component and its role within the suite:
1. Innotrade LSOB (Liquidity Sweep Order Blocks)
What it does: This core component automatically identifies and plots high-probability order blocks that are formed after a liquidity sweep of a recent pivot high or low. These "sniper entry" zones represent areas where institutional orders may be sitting.
How it works: It detects pivot points and then watches for a rapid price move that sweeps past the pivot, followed by a reversal, leaving behind an order block. The indicator also features Advancing Wick (AW) and Retracing Wick (RW) patterns to signal potential momentum shifts.
How to use it: The LSOB zones are your primary areas of interest for entries. A bullish LSOB in a larger uptrend (confirmed by the Octo MA) is a high-probability long setup.
2. Innotrade Octo MA (8 Moving Averages)
What it does: The Octo MA is the backbone of this suite, providing a clear, multi-layered view of the market trend across different timeframes. It plots eight fully customizable moving averages (SMA, EMA, SMMA) and their corresponding clouds.
How it works: Each MA can be configured independently. The optional "Flow/Slope Coloring" mode colors the MAs based on their angle (up or down), offering an immediate visual cue of momentum. The MA clouds, derived from standard deviation, act as dynamic support and resistance zones.
Synergy: The Octo MA provides the essential trend context for all other signals. An LSOB signal is stronger if it forms at a key MA level. A Momentum Crossover signal is more reliable when the longer-term MAs from the Octo suite are also aligned in the same direction.
3. Momentum Crossover & RSI System
What it does: This system is designed to provide clear entry signals based on MA crossovers, filtered by the RSI.
How it works: You can select any two of the eight Octo MAs to act as your fast and slow momentum lines. A long signal is generated on a pullback to the fast MA while it is above the slow MA, and when the RSI is not overbought. This prevents chasing tops and encourages buying dips in an uptrend. The logic is reversed for short signals.
Synergy: This system gives you specific, actionable entry triggers within the broader context provided by the LSOB zones and the Octo MA trend structure. An entry signal here that occurs inside an LSOB zone is a very high-confidence setup.
4. PVSRA Volume Coloring
What it does: PVSRA (Price, Volume, Spread, Range Analysis) colors the candles based on volume analysis to reveal the strength or weakness behind a move.
How it works: It identifies high-volume and ultra-high-volume candles.
Green/Red Vectors : High-volume up/down candles showing strength.
Blue/Violet Climax Vectors: Ultra-high-volume candles with narrow spreads, indicating potential exhaustion of a trend (climactic buying or selling).
Synergy: A climactic volume signal (Blue/Violet) appearing at the top of a range or at a key resistance level from the Octo MA or LSOB can signal an impending reversal. This provides a powerful confirmation for entry timing.
5. Fibonacci Time Cycles
What it does: This tool projects potential future turning points in the market based on Fibonacci time sequences (21, 34, 55, 89, 144, 233).
How it works: You set a significant starting point on your chart (e.g., a major high or low), and the indicator draws vertical lines in the future at intervals corresponding to the Fibonacci numbers.
Synergy: When a price-based signal (like a touch of an LSOB zone) coincides with a Fibonacci time cycle line, it suggests that both price and time are aligned for a potential market turn. This adds a powerful time-based dimension to your analysis.
6. Psy-Levels & Daily Open
What it does: This component plots key psychological price levels for the week (Psy-High and Psy-Low) and the daily opening price.
How it works: Weekly psychological levels are derived from the previous week's price action and serve as magnets or repulsion points for price. The Daily Open is a crucial intraday pivot.
Synergy: These levels act as natural targets or areas of support and resistance. An LSOB block that forms right at a weekly Psy-Low provides a powerful confluence for a potential reversal.
7. Fractals
What it does: This is a classic indicator that identifies simple 3-bar or 5-bar fractal patterns, which are basic forms of short-term swing highs and lows.
How it works: A bearish fractal occurs when a candle's high is higher than the highs of the preceding and succeeding candles. The opposite is true for a bullish fractal.
Synergy: While basic, fractals help to confirm the pivots that the LSOB system uses. They provide a quick visual confirmation of swing points and can help in identifying the start of a potential liquidity sweep.
8. Zig-Zag
What it does: The Zig-Zag overlay helps to filter out market noise and visualize the most significant price swings.
How it works: It connects significant highs and lows based on a user-defined percentage deviation, effectively drawing the primary market structure.
Synergy: The Zig-Zag provides a "big picture" view of the current market structure, helping you to confirm that your trade setup (e.g., from an LSOB zone) is aligned with the major swings of the market, rather than trading against a strong, established move.
How to Use This Suite for a Trading Setup
Here is a sample workflow for identifying a high-probability long trade:
Context: Check the Octo MA. Are the longer-term MAs (e.g., 50, 100, 200) trending upwards? Is the price above them?
Area of Interest: Look for a bullish LSOB zone to form, ideally bouncing off one of the key MAs or a weekly Psy-Level.
Confirmation: As price enters the LSOB zone, look for PVSRA signals. Is there a bullish vector (Green) or a sign of selling exhaustion (Blue climax candle at the low)?
Timing: Is this happening near a Fibonacci Time Cycle line? This would increase the probability of a turn, but not always gives you clue.
Entry Trigger: Wait for a Momentum Crossover system signal—a bullish cross or a pullback entry signal—to trigger your trade. The Zig-Zag should confirm that you are buying at a higher low in the larger structure.
Stop Loss: Your stop loss can be placed just below the low of the LSOB zone.
By requiring multiple systems to align, you can filter out low-quality setups and focus on trades with a higher probability of success.
Vendor Requirements / How to Get Access (For Invite-Only Scripts)
If you set this script to invite-only, you must include this section.
Disclaimer: This indicator is a tool to aid in analysis and decision-making, not a financial advice or a signal-calling system. Trading involves significant risk, and past performance is not indicative of future results. Always use proper risk management.
Thank you and I appreciate for your comments!
EMA+ATR Band MTF Trend EntryThis is a Multi-Timeframe Trend Trading indicator strategy adapted from Sahil Rohmehtra’s Mentorship programme. The trading decision is made by first accessing the trend in higher timeframe (say Monthly) by using TWO EMAs. If the faster EMA (say 20 period) is above Slower EMA (say 50 period) and the price is above slower EMA then the trend is suitable for buyers. Similarly if faster EMA is below slow EMA and the price is below that then trend is suitable for sellers.
Once we access the trend in the higher timeframe we move to the lower timeframe (say Weekly) and access the 5-period RSI value. If RSI is below 30 then we can prepare for possible buy entry in lower (Daily) timeframe if entry conditions are met in daily timeframe. Similarly sell bias can be initiated when the higher timeframe EMA trend is down, daily RSI is above 70 and sell entry condition is met in daily timeframe. The RSI thresholds can be changed by the user.
Once we identified the RSI bias then wait for the confirmation candle in the lower timeframe (say 1 hour). In the entry timeframe we plot a band of 20 EMA of LOWs ± 1 ATR lines. Here,we wait for a candle to close above the 20 EMA of LOWs + 1 ATR for a buy signal with an increase in On Balance Volume (OBV) value. Similarly for sell signal we should get a candle close below the 20 EMA of LOWs - 1 ATR with corresponding change in OBV. This candle is the signal candle.
Once we get a Buy or Sell signal the corresponding stop loss is the nearest LOW - 1 ATR or HIGH + 1 ATR. The ATR scaling may be changed by the user. Now if another candle closes above the high of the buy signal candle then enter on buy. If the low of the buy signal candle is broken then it is a potential short-term sell entry. Similarly if another candle closes below the sell signal candle then enter short and if there is a close above high of the signal candle then it is a potential buy entry.
Multi‑Ghost EMAThis is just a concept—imagining ghost extensions of the EMA line at each bar close. The idea is that tracking these extensions could provide earlier signals compared to traditional EMA crossovers. A basic backtest has been conducted, but if you're interested, further advanced testing should be done on your end.
This version keeps the original meaning while making it slightly more polished and concise. Let me know if you'd like any further refinements!
EMA Distance Cloud with Noise FilterThis indicator highlights the relationship between price and EMA with a dynamic color-changing cloud. It uses a customizable noise filter to ignore minor fluctuations, helping traders focus on meaningful momentum shifts. Cloud color adapts based on whether the price is above or below the EMA and whether the gap is widening or tightening, making trend strength and potential reversals easier to interpret.