Blackscrum Larsson Line Replica

Blackscrum Larsson Line Replica
— The Legendary "Larsson" EMA Ribbon, This is a replica, it probably isn't exactly what he does, in fact his is probably better, but mine is free and it helps me make money so do as you please.

WHAT IT IS
A visual replica of the famous "Larsson Line" — the iconic dual-EMA ribbon system used by elite traders to spot trend strength, reversals, and momentum shifts. Now 100% Pine Script, fully customizable, and lightning-fast.

HOW IT WORKS
• Fast EMA (21) — Reacts quickly to price
• Slow EMA (55) — Filters noise, defines trend
• Slope Smoothing (5) — Eliminates whipsaws
• Ribbon Fill — Instantly shows trend power

TREND LOGIC
• GOLD RIBBON → Bullish (Fast > Slow + Rising Slope)
• BLUE RIBBON → Bearish (Fast < Slow + Falling Slope)
• GRAY RIBBON → Neutral (Transition / Consolidation)

VISUAL CUES
• Thick colored Fast EMA
• Semi-transparent Slow EMA
• Gradient ribbon fill between EMAs
• Color flips only on confirmed slope + crossover

TRADING SIGNALS
• GOLD → Trend UP: Enter long, trail stops
• BLUE → Trend DOWN: Short or exit longs
• GRAY → Wait: Avoid entries, tighten stops
• Color change = Early reversal alert

SETTINGS
• Fast EMA: 21 (default) — tweak for sensitivity
• Slow EMA: 55 — core trend anchor
• Slope Smoothing: 5 — higher = cleaner signals

ALERTS
Two built-in:
1. "Trend UP" → Gold ribbon confirmed
2. "Trend DOWN" → Blue ribbon confirmed

BEST FOR
• BTC, ETH, majors on 1H–1D
• Trend-following systems
• Confirmation with volume or RSI
• Trailing stops along the ribbon