OPEN-SOURCE SCRIPT

Dynamic EMA Stack Support & Resistance

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Every trader needs reliable support and resistance — but static zones and lagging indicators won't cut it in fast-moving markets. This script combines a Fibonacci-based 5-EMA stacking system and left/right pivots that create dynamic support & resistance logic to uncover real-time structural shifts & momentum zones that actually adapt to price action. This isn’t just a mashup — it’s a complete built-from-the-ground-up support & resistance engine designed for scalpers, intraday traders, and trend followers alike.

🧠 🧠 🧠What It Does🧠 🧠 🧠
This script uses two powerful engines working in sync:

1️⃣ EMA Stack (5-EMA Framework)
Built on Fibonacci-based lengths: 5, 8, 13, 21, 34, (configurable) this stack identifies:
🔹 Bullish Stack: EMAs aligned from fastest to slowest (uptrend confirmation)
🔹 Bearish Stack: EMAs aligned inversely (downtrend confirmation)

🟡 Narrowing Zones: When EMAs compress within ATR thresholds → possible breakout or reversal zone
🎯 Labels identify key transitions like:
✅"Begin Bear Trend?"
✅"Uptrend SPRT"
✅"RES?" (resistance test)

2️⃣ Pivot-Based Projection Engine
Using classic Left/Right Bar pivot logic, the script:
📌 Detects early-stage swing highs/lows before full confirmation
📈 Projects horizontal S/R lines that adapt to market structure
🔁 Keeps lines active until a new pivot replaces them
🧩 Syncs beautifully with EMA stack for confluence zones

🎯🎯🎯Key Features for Traders🎯🎯🎯

✅ Trend Detection
→ EMA order reveals real-time bias (bullish, bearish, compression)

✅ Dynamic S/R Zones
→ Historical support/resistance levels auto-draw and extend

✅ Smart Labeling
→ “SPRT”, “RES”, and “Trend?” labels for live context + testing logic

✅ Custom Candle Coloring
→ Choose from Bar Color or Full Candle Overlay modes

✅ Scalper & Swing Compatible
→ Use fast confirmations for scalping or stack consistency for longer trends

⚙️⚙️⚙️How to Use⚙️⚙️⚙️

✅Use Top/Bottom (trend state) Line Colors to quickly read trend conditions.
✅Use Pivot-based support/resistance projections to anticipate where price might pause or reverse.
✅Watch for yellow/blue zones to prepare for volatility shifts/reversals.
✅Combine with volume or momentum indicators for added confirmation.

📐📐📐Customization Options📐📐📐

✅EMA lengths (5, 8, 13, 21, 34) — fully configurable - try 21,34,55, 89, 144 for longer term trend states
✅Left/Right bar pivot settings (default: 21/5)
✅Label size, visibility, and color themes
✅Toggle line and label visibility for clean layouts
✅“Max Bars Back” to control how deep history is scanned safely

🛠🛠🛠Built-In Safeguards🛠🛠🛠

✅ATR-based filters to stabilize compression logic
✅Guarded lookback (max_bars_back) to avoid runtime errors
✅Works on any asset, any timeframe

🏁🏁🏁Final Word🏁🏁🏁

This script is not just a visual tool, it’s a complete trend and structure framework. Whether you're looking for clean trend alignment, dynamic support/resistance, or early warning labels, this system is tuned to help you react with confidence — not hindsight.

Rembember, no single indicator should be used in isolation. For best results, combine it with price action analysis, higher-timeframe context, and complementary tools like trendlines, moving averages etc Use it as part of a well-rounded trading approach to confirm setups — not to define them alone.

💡💡💡Turn logic into clarity. Structure into trades. And uncertainty into confidence.💡💡💡

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