OPEN-SOURCE SCRIPT
Shezab AlgoLabs EMA Trend Utility

Overview
This tool is a clean and practical EMA trend utility built to help traders quickly understand market direction, trend regime, and momentum shifts. It plots a fast EMA and slow EMA using a branded color theme and highlights transitions between bullish and bearish conditions. The script also includes optional visual crossover markers to make regime changes easier to spot.
How it works
The relationship between the fast and slow EMA is used to classify the trend environment:
When the fast EMA is above the slow EMA, the market is considered in a bullish phase.
When the fast EMA is below the slow EMA, the market is considered in a bearish phase.
The script also provides optional:
Colored bars reflecting trend direction
Crossover labels to highlight momentum shifts
Background cloud to visually emphasize trending or neutral conditions
Optional alerts for crossover events
These visual features help traders recognize potential trend transitions without implying a complete trading system.
How to use it
This tool is designed as a supplemental decision aid. Traders can combine it with their preferred structure analysis, volume tools, oscillators, or confirmation methods. The crossover markers and alerts highlight shifts in trend behavior but are informational rather than mechanical buy/sell signals. Users should apply their own risk-management and entry criteria.
Originality
This script goes beyond a standard EMA by combining multiple elements into a single, cohesive trend-clarification tool:
• regime coloring
• optional cloud regions
• crossover markers
• visual dynamic styling using a unified aesthetic palette
It is not a mashup of existing scripts; all components are integrated specifically to support traders who prefer a simple-yet-clear visual framework for understanding trend behavior.
This tool is a clean and practical EMA trend utility built to help traders quickly understand market direction, trend regime, and momentum shifts. It plots a fast EMA and slow EMA using a branded color theme and highlights transitions between bullish and bearish conditions. The script also includes optional visual crossover markers to make regime changes easier to spot.
How it works
The relationship between the fast and slow EMA is used to classify the trend environment:
When the fast EMA is above the slow EMA, the market is considered in a bullish phase.
When the fast EMA is below the slow EMA, the market is considered in a bearish phase.
The script also provides optional:
Colored bars reflecting trend direction
Crossover labels to highlight momentum shifts
Background cloud to visually emphasize trending or neutral conditions
Optional alerts for crossover events
These visual features help traders recognize potential trend transitions without implying a complete trading system.
How to use it
This tool is designed as a supplemental decision aid. Traders can combine it with their preferred structure analysis, volume tools, oscillators, or confirmation methods. The crossover markers and alerts highlight shifts in trend behavior but are informational rather than mechanical buy/sell signals. Users should apply their own risk-management and entry criteria.
Originality
This script goes beyond a standard EMA by combining multiple elements into a single, cohesive trend-clarification tool:
• regime coloring
• optional cloud regions
• crossover markers
• visual dynamic styling using a unified aesthetic palette
It is not a mashup of existing scripts; all components are integrated specifically to support traders who prefer a simple-yet-clear visual framework for understanding trend behavior.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Shezab AlgoLabs — Premium Algorithmic Trading Tools
Clean • Data-Driven • Non-Repainting
Clean • Data-Driven • Non-Repainting
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Shezab AlgoLabs — Premium Algorithmic Trading Tools
Clean • Data-Driven • Non-Repainting
Clean • Data-Driven • Non-Repainting
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.