PROTECTED SOURCE SCRIPT
EMA and SMI Long / Short Signals
Description:
This indicator combines several proven market mechanisms into a clearly structured system suitable for both swing traders and trend followers.
It helps to better classify market phases, identify entry and exit signals, and objectively measure trend strength.
The foundation is the 21 EMA, around which an ATR channel is drawn. This shows whether the current price is overextended or underextended (similar to Bollinger Bands, but based on volatility).
In addition, SMI-based momentum signals, volume spikes, 52-week high/low levels, and Wyckoff climax events are visualized.
The goal: clear, technically grounded decisions on trend direction, momentum, and market extremes.
Disclaimer
The information and publications are not intended to constitute, and do not represent, financial, investment, trading, or any other form of advice or recommendation provided or endorsed by TradingView.
Please refer to the Terms of Use for more information.
This indicator combines several proven market mechanisms into a clearly structured system suitable for both swing traders and trend followers.
It helps to better classify market phases, identify entry and exit signals, and objectively measure trend strength.
The foundation is the 21 EMA, around which an ATR channel is drawn. This shows whether the current price is overextended or underextended (similar to Bollinger Bands, but based on volatility).
In addition, SMI-based momentum signals, volume spikes, 52-week high/low levels, and Wyckoff climax events are visualized.
The goal: clear, technically grounded decisions on trend direction, momentum, and market extremes.
Disclaimer
The information and publications are not intended to constitute, and do not represent, financial, investment, trading, or any other form of advice or recommendation provided or endorsed by TradingView.
Please refer to the Terms of Use for more information.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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。