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EMA + Dynamic Fib TradeNest
Description:
This custom indicator combines Exponential Moving Averages (EMA) and Ichimoku to provide a momentum and trend-based framework for day trading.
9 EMA and 21 EMA are used to identify short-term momentum shifts. A bullish signal occurs when the 9 EMA crosses above the 21 EMA, suggesting potential call opportunities, while a bearish signal occurs when the 9 EMA crosses below the 21 EMA, suggesting potential put opportunities.
50 EMA is included as an additional trend filter to help confirm overall market direction.
Ichimoku is plotted as a forward-looking dynamic support/resistance level. It behaves similarly to a Fibonacci retracement level, offering context for where price may find support or rejection. Ichimoku also helps determine whether current price action is aligned with a bullish or bearish trend environment.
By combining EMA crossovers with Ichimoku levels, this indicator provides a simple yet powerful method for identifying momentum entries and gauging the strength of price action relative to dynamic support/resistance.
This custom indicator combines Exponential Moving Averages (EMA) and Ichimoku to provide a momentum and trend-based framework for day trading.
9 EMA and 21 EMA are used to identify short-term momentum shifts. A bullish signal occurs when the 9 EMA crosses above the 21 EMA, suggesting potential call opportunities, while a bearish signal occurs when the 9 EMA crosses below the 21 EMA, suggesting potential put opportunities.
50 EMA is included as an additional trend filter to help confirm overall market direction.
Ichimoku is plotted as a forward-looking dynamic support/resistance level. It behaves similarly to a Fibonacci retracement level, offering context for where price may find support or rejection. Ichimoku also helps determine whether current price action is aligned with a bullish or bearish trend environment.
By combining EMA crossovers with Ichimoku levels, this indicator provides a simple yet powerful method for identifying momentum entries and gauging the strength of price action relative to dynamic support/resistance.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. ومع ذلك، يمكنك استخدامه بحرية ودون أي قيود - تعرف على المزيد هنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. ومع ذلك، يمكنك استخدامه بحرية ودون أي قيود - تعرف على المزيد هنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.