OPEN-SOURCE SCRIPT

Low Volatility EMA extension

71
Key Features:
  • 8 EMA (yellow) and 34 EMA (white) for trend identification
  • Three dynamic extension bands at 10%, 15%, and 20% above and below the 34 EMA
  • Color-coded zones with shaded fills to visualize volatility
  • Entry signals appear above bars when price crosses up with momentum confirmation
  • Exit signals appear below bars when price crosses down with momentum confirmation
  • Prevents duplicate signals through smart logic that requires 2 consecutive confirming candles

How to Use:

Green zones (10%) indicate mild extension
Orange zones (15%) indicate moderate extension
Red zones (20%) indicate extreme extension - potential reversal areas
Yellow "Entry" arrows mark bullish crossovers with confirmed momentum above the 34 EMA
Yellow "Exit" arrows mark bearish crossovers with confirmed momentum below the 34 EMA

Best For:
Lower volatility stocks trading on daily timeframes.

Settings:
Fully customizable extension percentages and EMA lengths to adapt to different asset volatility profiles.

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。