OPEN-SOURCE SCRIPT

EMA Ribbon + ADX Momentum

Atualizado
Here's a description for your TradingView indicator publication:
The EMA Ribbon + ADX Momentum indicator combines exponential moving averages (EMA) with the Average Directional Index (ADX) to identify strong trends and potential trading opportunities. This powerful tool offers:
🎯 Key Features:

EMA Ribbon (10, 21, 34, 55) for trend direction
ADX integration for trend strength confirmation
Clear visual signals with color-coded backgrounds
Real-time trend status display
Strength metrics with exact percentage values

📊 How It Works:

EMA Ribbon: Four EMAs form a ribbon pattern that shows trend direction through their stacking order
ADX Integration: Confirms trend strength when above the threshold (default 25)
Visual Signals:

Green background: Strong bullish trend
Red background: Strong bearish trend
Gray background: Neutral or weak trend



📈 Trading Signals:

STRONG BULL: EMAs properly stacked bullish + high ADX + DI+ > DI-
STRONG BEAR: EMAs properly stacked bearish + high ADX + DI- > DI+
BULL/BEAR TREND: Shows regular trend conditions without strength confirmation
NEUTRAL: No clear trend structure

🔧 Customizable Parameters:

ADX Length: Adjust trend calculation period
ADX Threshold: Modify strength confirmation level
ADX Panel Toggle: Show/hide the ADX indicator panel

💡 Best Uses:

Trend following strategies
Entry/exit timing
Trade confirmation
Market structure analysis
Risk management tool

This indicator helps traders identify not just trend direction, but also trend strength, making it particularly useful for both position entry timing and risk management. The clear visual signals and real-time metrics make it suitable for traders of all experience levels.
Note: As with all technical indicators, best results are achieved when used in conjunction with other forms of analysis and proper risk management.
Notas de Lançamento
Here's a description for your TradingView indicator publication:
The EMA Ribbon + ADX Momentum indicator combines exponential moving averages (EMA) with the Average Directional Index (ADX) to identify strong trends and potential trading opportunities. This powerful tool offers:
🎯 Key Features:

EMA Ribbon (10, 21, 34, 55) for trend direction
ADX integration for trend strength confirmation
Clear visual signals with color-coded backgrounds
Real-time trend status display
Strength metrics with exact percentage values

📊 How It Works:

EMA Ribbon: Four EMAs form a ribbon pattern that shows trend direction through their stacking order
ADX Integration: Confirms trend strength when above the threshold (default 25)
Visual Signals:

Green background: Strong bullish trend
Red background: Strong bearish trend
Gray background: Neutral or weak trend



📈 Trading Signals:

STRONG BULL: EMAs properly stacked bullish + high ADX + DI+ > DI-
STRONG BEAR: EMAs properly stacked bearish + high ADX + DI- > DI+
BULL/BEAR TREND: Shows regular trend conditions without strength confirmation
NEUTRAL: No clear trend structure

🔧 Customizable Parameters:

ADX Length: Adjust trend calculation period
ADX Threshold: Modify strength confirmation level
ADX Panel Toggle: Show/hide the ADX indicator panel

💡 Best Uses:

Trend following strategies
Entry/exit timing
Trade confirmation
Market structure analysis
Risk management tool

This indicator helps traders identify not just trend direction, but also trend strength, making it particularly useful for both position entry timing and risk management. The clear visual signals and real-time metrics make it suitable for traders of all experience levels.
Note: As with all technical indicators, best results are achieved when used in conjunction with other forms of analysis and proper risk management.
Momentum Indicator (MOM)

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

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