OPEN-SOURCE SCRIPT

EMA200 Momentum Zone

403
EMA200 Momentum Zone is a clean and minimal momentum-based indicator designed for intraday trading and scalping.

The script combines:

EMA200 as a fair value and trend filter

Parabolic SAR for timing

MACD momentum cross for confirmation

ATR-based zone filter to avoid chop near EMA and late entries at extremes

ATR-based take profit projection for quick decision-making

The indicator highlights only those moments when price is inside the optimal momentum zone — not too close to the mean, and not too far from it.

How it works:

Buy signals appear only in bullish conditions above EMA200

Sell signals appear only in bearish conditions below EMA200

Signals are filtered by minimum and maximum ATR distance from EMA200

A visual take-profit line is drawn using 1× ATR and remains active for a limited number of bars

TP labels show the projected move shown as a percentage for instant evaluation

Recommended use:

Designed for 1-minute charts

Works best on indices, gold, and liquid futures

Can be used as a signal tool or a momentum scanner

Alerts are supported

Important note:

This indicator is for educational purposes only and does not provide financial advice.
Always manage risk and confirm signals with your own analysis.

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。