PanjiAlgo V2 [Alpha]

PanjiAlgo V2 [Alpha] is a confluence-based toolkit that combines EMA trend, institutional order blocks, and smart zone visualization in a single indicator.

Core logic:
• Trend Filter – 9-period EMA with optional smoothing (SMA / EMA / RMA / WMA / VWMA) and EMA-based Bollinger Bands to track dynamic structure and volatility.
• Order Blocks – integrated LuxAlgo Order Block Detector logic (used under CC BY-NC-SA 4.0 license) to highlight bullish and bearish institutional zones with extendable boxes and average lines.
• Smart BUY Triggers – BUY labels only appear when price is:
1) Trading above the EMA (trend up),
2) Retracing back into the most recent bullish order block, and
3) Touching or interacting with the EMA at that zone.

This design helps you focus on high-probability pullbacks into institutional demand areas instead of chasing price. PanjiAlgo V2 [Alpha] is a decision-support tool only and does not gu