OPEN-SOURCE SCRIPT
EMA HI/LO Cloud Shift
📌 EMA High/Low Buy-Sell Labels Indicator
This indicator generates simple Buy and Sell signals based on price interaction with two dynamic levels:
EMA High → Exponential Moving Average calculated from candle highs.
EMA Low → Exponential Moving Average calculated from candle lows.
🔑 How it Works
A Buy signal prints when the closing price crosses above the EMA High.
A Sell signal prints when the closing price crosses below the EMA Low.
Signals are marked directly on the chart with customizable labels — you can change the shape, size, and colors of the Buy and Sell labels to match your trading style.
The indicator does not plot the EMAs, keeping the chart clean and focused only on the entry/exit labels.
⚡ Use Case
Helps traders quickly identify potential trend breakouts (price strength above EMA High) or trend breakdowns (price weakness below EMA Low).
Works on any timeframe and any market (stocks, forex, crypto, futures, etc.).
Can be used standalone or combined with other indicators for confirmation.
🎯 Best For
Traders who want minimalist chart signals without clutter.
Trend-following strategies where confirmation of momentum is key.
Entry/Exit marking without needing to constantly watch EMA bands.
This indicator generates simple Buy and Sell signals based on price interaction with two dynamic levels:
EMA High → Exponential Moving Average calculated from candle highs.
EMA Low → Exponential Moving Average calculated from candle lows.
🔑 How it Works
A Buy signal prints when the closing price crosses above the EMA High.
A Sell signal prints when the closing price crosses below the EMA Low.
Signals are marked directly on the chart with customizable labels — you can change the shape, size, and colors of the Buy and Sell labels to match your trading style.
The indicator does not plot the EMAs, keeping the chart clean and focused only on the entry/exit labels.
⚡ Use Case
Helps traders quickly identify potential trend breakouts (price strength above EMA High) or trend breakdowns (price weakness below EMA Low).
Works on any timeframe and any market (stocks, forex, crypto, futures, etc.).
Can be used standalone or combined with other indicators for confirmation.
🎯 Best For
Traders who want minimalist chart signals without clutter.
Trend-following strategies where confirmation of momentum is key.
Entry/Exit marking without needing to constantly watch EMA bands.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。