13/48 EMA SMT Indicator

2023년 3월 30일

Please ensure you enable extended hours on your chart in TradingView This indicator is best used with a real-time data subscription to NYSE (Arca)

The script will plot the following EMAs:

13, 48, and 200

The script will also plot VWAP (Volume Weighted Average Price)

The user will be able to choose what color and format the EMA will be in but the periods are set.

The indicator's primary purpose is to look for areas of potential momentum shifts (i.e. ema crossovers). However, this indicator is unique in that it will only give a signal if 2 other criteria are met along with the 13 and 48 ema crossover.

The criteria are as follows:

A "sell" signal will be generated if a bearish 13/48 ema crossover occurs while 2 other confirming conditions are present. Alerts are configurable.

A "buy" signal will be generated if a bullish 13/48 ema crossover occurs while while 2 other confirming conditions are present. Alerts are configurable

Additional functionality of the indicator:

- Added capability to display 2m, 5m, 15m, 30m, and 1h signals on the same time frame! (I recommend 2m or 5m for best trade setups)
- You can enable or disable signals for any time frame in the indicator settings
- You can now set alerts for any of the defined timeframes above without having to switch charts
- Added a color coded dashboard that does the following
- Displays most recent signal on all time frames
- Says whether the signal was a buy or sell signal and colors the cell accordingly
- Gives the exact time and date the last signal occurred at

2023년 3월 31일

릴리즈 노트

- Added key levels indicator into the script itself
- Removed a loop that caused performance issues: should be lag free now
- Added the option for 3m tf
-Added the option for the user to choose which tf are displayed on the dashboard
- Fixed an issue with bearish signals

2023년 4월 6일

릴리즈 노트

- Added 10 minute time frame
- Added dynamic support/resistance level that tracks price in real time
- Added "Chop Filter" + button to disable in one click
- Optimal settings given with access to code
- Added the ability to restrict signals/alerts to the desire time window the user desires (i.e. 9:30-16:00, 9:30-9:30 (for extended hours), etc.)
- Added the ability to enable/disable labeling on dynamic S/R

2023년 4월 6일

릴리즈 노트

Updated alerts functionality

2023년 4월 6일

릴리즈 노트

Chop indicator is now OFF by default

2023년 4월 8일

릴리즈 노트

Replaced 1hr tf with 65m tf

2023년 4월 27일

릴리즈 노트

Made S/R labels text instead as not to impede visibility

2023년 5월 1일

릴리즈 노트

Updated order of 2m and 3m signals in table and indicator settings

2023년 5월 1일

릴리즈 노트

Fixed inverted colors for 2m and 3m on dashboard

2023년 5월 10일

릴리즈 노트

Added option to enable EMA cloud.
- User can choose the colors for bullish and bearish clouds
- User can choose the transparency for the clouds