RoGr75 Adaptive EMA Cross

há 7 dias

Description:
The RoGr75 Adaptive EMA Cross indicator dynamically combines exponential moving averages (EMAs) with ATR-based volatility buffers to generate buy and sell signals across multiple timeframes. This script uses customizable settings for short and long EMAs, ATR, and volume filters, ensuring that signals are both volatility-adjusted and timeframe-aware. It includes features such as adaptive buffers, distinct price level filters for buying and selling, and a reset mechanism to prevent redundant signals. Additionally, the indicator manages signal labels efficiently to keep your chart uncluttered.

Warning:
This script is provided for testing and educational purposes only. It is not intended as financial advice, and past performance does not guarantee future results. Use at your own risk. Always conduct your own research before making any trading decisions.

Higher Timeframe Input: Choose a specific timeframe for the indicator’s calculations; leave blank to use the chart’s current timeframe.

Signal Distance: Sets the distance of signal labels from the candles as a multiple of the ATR.

Exact Value Offset: Adjusts the secondary marker’s position for precision on the chart.

ATR Length: Defines the period used to calculate the Average True Range for volatility measurement.

EMA Lengths: Specify the periods for the short and long exponential moving averages.
Buy/Sell Buffer ATR Multipliers: Dynamically adjust the trigger distance beyond the EMA crossovers based on volatility.

Price Level Filter: Activates a filter so that buy signals only occur above a set price and sell signals only occur below that price (0 disables the filter).

Volume Filter: Optionally requires current volume to exceed a set multiple of a 20-period average for signal confirmation.

Reset Period: Resets the last signal memory after a specified number of bars to avoid suppressing valid repeat signals.

EMA Colors & Line Width: Customize the appearance of the short and long EMAs.

Label Colors & Styles: Choose colors, text colors, and styles for the buy and sell signal labels.

Background Highlighting: Optionally colors the background when a buy or sell signal occurs.

Label Management: Automatically removes the oldest labels when a set maximum is reached to keep the chart clean.

Alerts: Predefined conditions allow you to set TradingView alerts when buy or sell signals are generated.

Warning: This indicator is for testing purposes only and is not financial advice. Use it at your own risk.

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Notas de Lançamento

### **Indicator Description: RoGr75 Adaptive EMA Cross v.1.1**

This TradingView indicator, "RoGr75 Adaptive EMA Cross v.1.1," is designed to generate buy and sell signals based on the crossover of two Exponential Moving Averages (EMAs). It incorporates advanced features such as adaptive buffers, volume filters, price level filters, customizable label styles, and background highlighting. Below is a detailed explanation of its functionality, features, and important warnings.

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#### **Key Features**
1. **Dual EMAs**:
- The indicator calculates two EMAs: a short-term EMA (`ema_short`) and a long-term EMA (`ema_long`).
- Signals are generated when these EMAs cross over or under each other.

2. **Adaptive Buffers**:
- Buy and sell buffer distances are dynamically calculated as a percentage of the `ema_long`. This reduces false signals by adding a margin to the crossover conditions.

3. **Volume Filter**:
- An optional volume filter ensures that signals are only generated when the current volume exceeds a user-defined threshold based on the average volume.

4. **Price Level Filter**:
- If enabled, the script filters out signals unless the price is above or below a specified level.

5. **Signal Positioning**:
- Buy and sell labels are positioned relative to the candles using the Average True Range (ATR) value for better visibility.
- Exact signal markers (`+` for buy and `-` for sell) are plotted near the candles for precise reference.

6. **Background Highlighting**:
- The background is highlighted in green for buy signals and red for sell signals, with adjustable transparency.

7. **Alerts**:
- Alerts are set up for both buy and sell signals, allowing traders to receive notifications in real-time.

8. **Customizable Appearance**:
- Users can customize the colors, line widths, label styles, and background transparency to suit their preferences.

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#### **How It Works**
1. **Buy Signal**:
- A buy signal is triggered when the `ema_short` crosses above the `ema_long + buy_buffer_distance`.
- Additional conditions include passing the price level filter (if enabled) and the volume filter (if enabled).

2. **Sell Signal**:
- A sell signal is triggered when the `ema_short` crosses below the `ema_long - sell_buffer_distance`.
- Similar to buy signals, it must pass the price level and volume filters if they are enabled.

3. **Signal Confirmation**:
- To avoid consecutive signals, the indicator ensures that a buy signal is only generated if the last signal was not a buy, and vice versa.

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#### **Inputs**
The following inputs can be customized in the settings panel:

- **Signal Distance from Candles**: Controls how far the signal labels are placed from the candles.
- **Exact Value Location Offset**: Adjusts the position of the exact signal markers (`+` and `-`) relative to the candles.
- **ATR Length**: Determines the period for calculating the Average True Range (ATR).
- **Short EMA Length**: Length of the short-term EMA.
- **Long EMA Length**: Length of the long-term EMA.
- **Buy Signal Buffer Percentage**: Adds a buffer to the buy signal condition.
- **Sell Signal Buffer Percentage**: Adds a buffer to the sell signal condition.
- **Price Level Filter**: Filters signals based on a minimum or maximum price level.
- **Volume Filter**: Enables or disables the volume confirmation filter.
- **Volume Threshold Multiplier**: Sets the threshold for the volume filter.

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#### **Warnings**
1. **False Signals**:
- While the adaptive buffers help reduce false signals, no indicator is foolproof. Use this indicator in conjunction with other tools for confirmation.

2. **Lagging Nature of EMAs**:
- EMAs are lagging indicators, meaning they may not capture sudden price movements quickly. Be cautious during volatile markets.

3. **Volume Filter Reliability**:
- The volume filter relies on historical data and may not always accurately predict future volume levels.

4. **Price Level Filter Limitations**:
- The price level filter may filter out valid signals if set too strictly. Adjust it carefully to balance filtering and signal generation.

5. **Backtesting Required**:
- Always backtest this indicator on historical data to evaluate its performance before using it in live trading.

6. **Not Financial Advice**:
- This indicator is a tool and should not be considered financial advice. Traders are responsible for their own decisions.

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#### **Usage Tips**
- Combine this indicator with other technical analysis tools, such as RSI, MACD, or support/resistance levels, for better accuracy.
- Adjust the input parameters to fit your trading style and the market you are analyzing.
- Use the alerts feature to stay informed about potential trade opportunities without constantly monitoring the chart.