Legacy SMT Indicator by StockManTrading

The script will plot the following EMAs:

5, 9, 21, and 200

The user will be able to choose what color and format the EMA will be in but the periods are set.

The indicator's primary purpose is to look for areas of potential momentum shifts (i.e. ema crossovers). However, this indicator is unique in that it will only give a signal if 2 other criteria are met along with the 9 and 21 ema crossover.

The criteria are as follows:

A "sell" signal will be generated if a bearish 9/21 ema crossover occurs while 2 other confirming conditions are present. Alerts are configurable.

A "buy" signal will be generated if a bullish 9/21 ema crossover occurs while while 2 other confirming conditions are present. Alerts are configurable

The script will also plot the previous HOD and LOD of the SPY ETF as horizontal lines (extended in both directions) that can be configured with whatever color the user prefers.
Mar 25
Release Notes:
Added functionality to allow the user decide what market hours alerts will be triggered during (i.e. 9:30-16:30)

Release Notes:

None

Release Notes:

Added supply and demand zones

Release Notes:

Removed zones until free version issue is addressed

Release Notes:

fixed market hour filtering on signals

Release Notes:

bug fix

Release Notes:

Added EMA cloud functionality

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact StockManTrading for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

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Author's instructions

Please contact StockManTrading for access

Want to use this script on a chart?

Warning: please read before requesting access.