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.

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