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EMA Channel Key K-Lines

1 593
EMA Channel Setup:
  1. Three 32-period EMAs (high, low, close prices)
  2. Visually distinct colors (red, blue, green)
  3. Gray background between high and low EMAs


Key K-line Identification:
  1. For buy signals: Close > highest EMA, K-line height ≥ channel height, body ≥ 2/3 of range
  2. For sell signals: Close < lowest EMA, K-line height ≥ channel height, body ≥ 2/3 of range
  3. Alternating signals only (no consecutive buy/sell signals)


Visual Markers:
  1. Green "BUY" labels below key buy K-lines
  2. Red "SELL" labels above key sell K-lines
  3. Clear channel visualization


Logic Flow:
  1. Tracks last signal direction to prevent consecutive same-type signals
  2. Strict conditions ensure only significant breakouts are marked
  3. All calculations based on your exact specifications

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