PROTECTED SOURCE SCRIPT
My_EMA_Trend v. 6.1
This script is a comprehensive trading indicator that includes several functional modules. Here is a brief description of its main functions:
Consolidation Zones
Detects and displays consolidation zones on the chart
Marks price accumulation areas
Generates breakout alerts (up/down)
Allows customization of analysis period and minimum consolidation length
EMA Clouds
Contains 5 sets of EMA clouds with different periods
Each cloud consists of short and long EMAs
Displays 10 exponential moving averages
Cloud colors change depending on trend direction
Customizable periods and visual parameters
Support/Resistance Levels
Automatically detects key levels
Uses ATR to calculate distances
Draws support and resistance zones
Has a function to extend recent levels
Customizable color schemes
Volume Indicator
Shows volume distribution across price levels
Visualizes buying and selling volume
Displays Point of Control (PoC)
Customizable number of histograms
Adjustable display width
Liquidation Zones
Identifies potential areas of mass position liquidations
Displays levels with different multipliers (10x, 25x, 50x, 100x)
Shows position volume
Includes a heatmap feature
Option to extend displayed zones
The script provides traders with a comprehensive set of tools for market analysis, including technical analysis, volume analysis, and key level identification. All components can be customized to meet individual user needs.
Best usage with my KZ
https://www.tradingview.com/x/gtp3hGoI/
Consolidation Zones
Detects and displays consolidation zones on the chart
Marks price accumulation areas
Generates breakout alerts (up/down)
Allows customization of analysis period and minimum consolidation length
EMA Clouds
Contains 5 sets of EMA clouds with different periods
Each cloud consists of short and long EMAs
Displays 10 exponential moving averages
Cloud colors change depending on trend direction
Customizable periods and visual parameters
Support/Resistance Levels
Automatically detects key levels
Uses ATR to calculate distances
Draws support and resistance zones
Has a function to extend recent levels
Customizable color schemes
Volume Indicator
Shows volume distribution across price levels
Visualizes buying and selling volume
Displays Point of Control (PoC)
Customizable number of histograms
Adjustable display width
Liquidation Zones
Identifies potential areas of mass position liquidations
Displays levels with different multipliers (10x, 25x, 50x, 100x)
Shows position volume
Includes a heatmap feature
Option to extend displayed zones
The script provides traders with a comprehensive set of tools for market analysis, including technical analysis, volume analysis, and key level identification. All components can be customized to meet individual user needs.
Best usage with my KZ
https://www.tradingview.com/x/gtp3hGoI/
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.