EMA20/50/100/200 with extended lines and labels by TradeCrafted

📈 EMA20/50/100/200 with Extended Lines and Labels by TradeCrafted


Overview

This script plots four key Exponential Moving Averages (EMAs) — 20, 50, 100, and 200 — directly on the chart for enhanced trend visualization.
In addition to the standard plots, it extends each EMA forward with a projected line, helping traders anticipate potential future dynamic support and resistance zones.
Clear, color-coded labels are attached to each EMA, updating live to improve chart readability without clutter.

This tool is designed for educational and informational purposes only and does not provide financial advice or guaranteed trading results.



✨ Features

Plots EMA 20, EMA 50, EMA 100, and EMA 200 in distinct colors.

Extends each EMA line forward by a user-defined number of bars.

Dynamic floating labels show the EMA name and live value.

Minimalistic and clean design, ideal for all trading styles.

Open-source and customizable for user transparency.




📚 Usage

Use this indicator to:

Identify overall market trends across different timeframes.

Spot potential areas of dynamic support and resistance.

Observe EMA crossovers for possible trend shifts.




⚠️ Disclaimer

This script is intended for educational and informational purposes only.
It does not constitute financial advice or a recommendation to buy or sell any asset.
Always perform your own analysis before making trading decisions.