EMA Envelope + SMA + Purple Dot

This indicator combines three tools into one:

📈 EMA Envelope with wedge and range contraction signals to highlight volatility squeezes.

🔵 SMA with optional smoothing (SMA/EMA/WMA/SMMA/VWMA) and optional Bollinger Bands.

🟣 Purple Dot “PowerBars” that mark strong momentum bars when price ROC (%) and volume exceed user-defined thresholds.

It also includes:

Background highlighting of contraction zones (bullish/bearish/neutral colors).

A summary table showing PowerBar count and return (%) over custom lookback periods.

Flexible display settings (table position, dark/light theme, highlight toggle).

Designed for traders who want to track momentum bursts, volatility contraction, and trend strength all in one tool.