RJ_ Vader Master Indicator

Overview

The Rj_Vader Master Indicator is a trend-following tool designed to identify key momentum shifts using a dual EMA system. It highlights crossover signals, potential reversal levels, and visually marks significant swing highs and lows. The script provides clear dynamic support/resistance levels along with color-coded trend zones for quick market direction analysis.

🔑 Features

Dual EMA Trend Detection

Fast EMA (default 12)

Slow EMA (default 25)

Crossovers confirm trend changes.

Automatic Swing Level Marking

Detects the most recent swing high/low during crossovers.

Plots horizontal levels with optional extension.

Dynamic Line Management

Extend support/resistance levels until invalidated.

Dotted lines mark broken levels.

Adjustable limit on how many lines to display.

Visual Trend Zone Highlighting

Gradient fill between EMAs for bullish/bearish zones.

Color strength adapts to EMA spread (trend momentum).

Signal Alerts

Marks potential entry/exit points with labels and symbols at EMA crossovers.