Fibonacci Stochastic + HMA + EMA
This indicator is designed to help identify trends and entry timing by combining three main indicators.
It filters out false signals and increases the accuracy of decision-making.
Key Components of the Indicator:
Hull Moving Average (HMA)
Shows the main price trend.
Green = Uptrend
Red = Downtrend
Used to confirm that the trade is following the market direction (Trend Following).
Fibonacci Stochastic
Measures the buying and selling pressure of the market.
Uses Fibonacci levels:
0.236 / 0.382 / 0.5 / 0.618 / 0.786
The system will interpret this as a Bullish/Bearish signal.
Used to find "entry points," not to predict highs or lows.
Display Results:
Green candlestick → Buy momentum
Red candlestick → Sell momentum
EMA Short/Long (Multi-Timeframe)
Uses EMA values from a smaller timeframe (e.g., 1 minute).
Compares short-term and long-term EMAs.
Used to confirm trend strength and short-term reversals.
EMA values are hidden by default for a cleaner chart.
Signal Conditions
BUY Signal
The system will give a BUY signal when:
The HMA trend is upward.
The short-term EMA is above the EMA average.
The Stochastic is in the bullish zone.
Display:
The word BUY is below the candlestick.
SELL Signal
The system will give a SELL signal when:
The HMA trend is downward.
The short-term EMA is below the EMA average.
The Stochastic is in the bearish zone.
Display:
The word SELL is above the candlestick.
Recommended Usage Approach
Suitable Timeframe
Scalping: 1m – 5m
Intraday: 5m – 15m
Trend Trade: 15m – 1h
Suitable Markets
Crypto
Forex
Gold
Notes
Should be used in conjunction with:
Support / Resistance
Price Action
Risk Management
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact alphaemateam8 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact alphaemateam8 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.