Legacy SMT Indicator
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)
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact StockManTrading directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. 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
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact StockManTrading directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. 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
Warning: please read our guide for invite-only scripts before requesting access.