PROTECTED SOURCE SCRIPT
EMA and SMI Long / Short Signals
Description:
This indicator combines several proven market mechanisms into a clearly structured system suitable for both swing traders and trend followers.
It helps to better classify market phases, identify entry and exit signals, and objectively measure trend strength.
The foundation is the 21 EMA, around which an ATR channel is drawn. This shows whether the current price is overextended or underextended (similar to Bollinger Bands, but based on volatility).
In addition, SMI-based momentum signals, volume spikes, 52-week high/low levels, and Wyckoff climax events are visualized.
The goal: clear, technically grounded decisions on trend direction, momentum, and market extremes.
Disclaimer
The information and publications are not intended to constitute, and do not represent, financial, investment, trading, or any other form of advice or recommendation provided or endorsed by TradingView.
Please refer to the Terms of Use for more information.
This indicator combines several proven market mechanisms into a clearly structured system suitable for both swing traders and trend followers.
It helps to better classify market phases, identify entry and exit signals, and objectively measure trend strength.
The foundation is the 21 EMA, around which an ATR channel is drawn. This shows whether the current price is overextended or underextended (similar to Bollinger Bands, but based on volatility).
In addition, SMI-based momentum signals, volume spikes, 52-week high/low levels, and Wyckoff climax events are visualized.
The goal: clear, technically grounded decisions on trend direction, momentum, and market extremes.
Disclaimer
The information and publications are not intended to constitute, and do not represent, financial, investment, trading, or any other form of advice or recommendation provided or endorsed by TradingView.
Please refer to the Terms of Use for more information.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.