100 Point Scaled EMA

100 Point Scaled EMA is a distinctive indicator that standardizes trend analysis by normalizing price data. Here’s a breakdown of its technical features:

Normalized Exponential Moving Averages (EMAs):

Dual EMAs: Configurable lengths (typically 9 and 21) are applied to calculate EMAs.
Scaling Mechanism: The EMAs are normalized to a fixed 0–100 range using the highest and lowest prices over the last 100 bars, enabling consistent analysis regardless of market volatility.

Integrated Relative Strength Index (RSI):
A 14-period RSI is incorporated to provide additional momentum and overbought/oversold insights.

Dynamic Visual Cues:
Gradient Fills: Visual gradients highlight overbought and oversold regions, enhancing the readability of trend shifts.

Crossover Signals:
The script detects EMA crossovers with specific conditions—crossover events occurring below 25 and above 75—to mark potential trade setups.

This technical approach makes the 100 Point Scaled EMA a powerful tool for traders, offering a simple unique and standardized perspective on market trends.