EMA Trend Signal
Overview
The EMA Trend Signal indicator uses 7 Exponential Moving Averages (EMA) to identify market trends and provides Buy (BUY) / Sell (SELL) signals to help traders capture trend movements.
🔍 Features
✅ Bullish Alignment:
When the shorter-period EMAs are above the longer-period EMAs, the market is in a bullish trend. The EMAs will be displayed in Aqua, and a BUY signal will appear when the trend shifts.
✅ Bearish Alignment:
When the shorter-period EMAs are below the longer-period EMAs, the market is in a bearish trend. The EMAs will be displayed in Red, and a SELL signal will appear when the trend shifts.
✅ Neutral Trend:
If the EMAs are not clearly aligned, the EMAs will be displayed in Blue, indicating a ranging market or unclear trend.
✅ Buy/Sell Signals:
BUY Signal: When a bullish alignment occurs and the trend has just formed, a green upward arrow (BUY) appears below the candlestick.
SELL Signal: When a bearish alignment occurs and the trend has just formed, a red downward arrow (SELL) appears above the candlestick.
🎯 Suitable Markets
✅ Forex
✅ Gold
✅ Crypto
✅ Stocks
✅ Futures
🚀 Trading Strategy Recommendations
1️⃣ Only enter trades when the trend is clearly defined; avoid trading during ranging conditions.
2️⃣ Combine this indicator with support/resistance levels, volume, and candlestick patterns to optimize entry and exit points.
3️⃣ Best suited for short- to medium-term trading. Can be used alongside RSI, MACD, or other indicators.
📌 Risk Warning : This indicator is for technical analysis purposes only and does not constitute financial advice. Always use stop-loss orders!
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact FTT022 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact FTT022 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.