PROTECTED SOURCE SCRIPT
EMA/Volume/Institutional Candle [ChartCode]
EMA / Volume / Institutional Candle [ChartCode]
This is a trend + momentum + smart money confirmation indicator.
🔹 WHAT THIS INDICATOR SHOWS
1️⃣ EMAs (Trend Direction)
EMA 9 (Yellow) – Fast momentum
EMA 20 (Orange) – Short-term trend
EMA 50 (Blue) – Swing trend
EMA 200 (Green / Red) – Major trend filter
Weekly EMA 200 (Purple) – Big institution / MF trend
📌 Rule
Price above EMA 200 → Bullish bias
Price below EMA 200 → Bearish bias
2️⃣ EMA 9 & 20 Crossover (Entry Trigger)
BUY label → EMA 9 crosses above EMA 20
SELL label → EMA 9 crosses below EMA 20
⚠️ Never trade crossover alone. Always confirm with:
EMA 50 / EMA 200
Volume
Institutional candle
3️⃣ High Volume Zones (Smart Money Activity)
Blue background =
Volume > (20-period avg volume × 1.5)
Pine Script®
Institutions are active
Breakouts & reversals become reliable
4️⃣ Institutional Candles (Most Important)
🔍 Important Note: How Institutional Candles Are Displayed
Institutional Candles do NOT change candle color or body shape.
They look exactly like normal candles on the chart.
✅ How to Identify Institutional Candles
Move (hover) the crosshair over the moving averages
When your cursor aligns with the EMA lines,
Pine Script®
🎯 Border Meaning
🟢 Green border → Bullish Institutional Candle
🔴 Red border → Bearish Institutional Candle
These borders indicate smart money / institutional participation, not retail candles.
🧠 Why This Design Is Intentional
Keeps the chart clean and uncluttered
Avoids confusing candle colors
Highlights institutional activity only when you analyze carefully
Encourages confirmation-based trading, not impulsive entries
📌 Institutions don’t want attention — this logic reflects that behavior.
How to Use This in Trading
Identify trend using EMA 200
Wait for high volume zone
Hover crosshair to spot institutional candle
Use candle high/low as decision level
Enter only after EMA 9–20 confirmation
🎯 How This Indicator Helps You Trade
✔ Quickly spot trend direction with multi-EMA alignment
✔ Identify high-probability entries with EMA 9/20 crossover + volume confirmation
✔ Find institutional zones for sniper-style entries
✔ Filter fake breakouts using volume spikes
✔ Perfect for stocks, indices, crypto, and forex
This is a trend + momentum + smart money confirmation indicator.
🔹 WHAT THIS INDICATOR SHOWS
1️⃣ EMAs (Trend Direction)
EMA 9 (Yellow) – Fast momentum
EMA 20 (Orange) – Short-term trend
EMA 50 (Blue) – Swing trend
EMA 200 (Green / Red) – Major trend filter
Weekly EMA 200 (Purple) – Big institution / MF trend
📌 Rule
Price above EMA 200 → Bullish bias
Price below EMA 200 → Bearish bias
2️⃣ EMA 9 & 20 Crossover (Entry Trigger)
BUY label → EMA 9 crosses above EMA 20
SELL label → EMA 9 crosses below EMA 20
⚠️ Never trade crossover alone. Always confirm with:
EMA 50 / EMA 200
Volume
Institutional candle
3️⃣ High Volume Zones (Smart Money Activity)
Blue background =
Volume > (20-period avg volume × 1.5)
📌 Meaning:
Institutions are active
Breakouts & reversals become reliable
4️⃣ Institutional Candles (Most Important)
🔍 Important Note: How Institutional Candles Are Displayed
Institutional Candles do NOT change candle color or body shape.
They look exactly like normal candles on the chart.
✅ How to Identify Institutional Candles
Move (hover) the crosshair over the moving averages
When your cursor aligns with the EMA lines,
👉 Institutional Candles will get highlighted with a colored border
🎯 Border Meaning
🟢 Green border → Bullish Institutional Candle
🔴 Red border → Bearish Institutional Candle
These borders indicate smart money / institutional participation, not retail candles.
🧠 Why This Design Is Intentional
Keeps the chart clean and uncluttered
Avoids confusing candle colors
Highlights institutional activity only when you analyze carefully
Encourages confirmation-based trading, not impulsive entries
📌 Institutions don’t want attention — this logic reflects that behavior.
How to Use This in Trading
Identify trend using EMA 200
Wait for high volume zone
Hover crosshair to spot institutional candle
Use candle high/low as decision level
Enter only after EMA 9–20 confirmation
🎯 How This Indicator Helps You Trade
✔ Quickly spot trend direction with multi-EMA alignment
✔ Identify high-probability entries with EMA 9/20 crossover + volume confirmation
✔ Find institutional zones for sniper-style entries
✔ Filter fake breakouts using volume spikes
✔ Perfect for stocks, indices, crypto, and forex
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。