PROTECTED SOURCE SCRIPT
Multi EMA + Indicators + Mini-Dashboard + Reversals v6
🧠 Indicator Description
Name: Multi EMA + Indicators + Mini-Dashboard + Reversals v6
Type: Multi-strategy confirmation & reversal indicator
Platform: TradingView (Pine Script v6)
Purpose: To combine multiple technical indicators and trend confirmations into one unified visual tool — allowing traders to identify trend-following entries, reversal opportunities, and signal strength through an integrated mini-dashboard.
⚙️ Main Features
🔹 1. Multiple EMAs
Plots four Exponential Moving Averages (EMAs) (9, 21, 50, 100 by default).
EMA 3 and EMA 4 dynamically change color depending on trend direction (up or down).
EMA crossovers and price position relative to EMAs help identify bullish or bearish trends.
🔹 2. Technical Confirmations
The indicator includes several well-known oscillators and filters:
RSI (Relative Strength Index) → momentum and midline (50) confirmation.
MACD → trend and momentum alignment via MACD–Signal crossover.
Stochastic Oscillator → overbought/oversold short-term momentum filter.
ATR Filter → ensures candles have sufficient volatility before allowing a trade signal.
CCI (Commodity Channel Index) → adds a secondary trend confirmation layer.
All of these can be individually enabled or disabled in the Filters settings.
🔹 3. Reversal Detection System
Includes several independent criteria to catch potential market reversals:
Candle Patterns – detects Bullish Hammer and Bearish Shooting Star.
Large Candle Filter – detects unusually large candles (configurable %).
Price-EMA Distance Filter – ensures price is not too extended from EMAs.
RSI Divergence – checks for bullish/bearish RSI divergence.
RSI Overbought/Oversold – triggers signals at extreme RSI levels.
Doji Detection – identifies indecision candles that may precede reversals.
Each reversal condition can also be turned on or off independently for fine-tuning.
🔹 4. Buy & Sell Logic
Two types of signals can appear:
Buy/Sell Signal (Trend-based):
Triggered when price is aligned above or below EMAs and all selected filters confirm the direction.
Reversal Signal (Countertrend):
Triggered when one or more reversal criteria are met (e.g., bullish hammer, RSI divergence, or overbought/oversold zones).
🔹 5. Visual Alerts
You’ll see:
Green Up Triangles below candles for Buy signals.
Red Down Triangles above candles for Sell signals.
Up Triangles for Reversal Buys.
Down Triangles for Reversal Sells.
These also trigger TradingView alerts, so you can set up:
“Buy Alert triggered”
“Sell Alert triggered”
“Reversal Buy triggered”
“Reversal Sell triggered”
🔹 6. Mini-Dashboard (Optional)
Displays a summary panel on the chart that helps visualize:
Current trade bias: LONG, SHORT, or NEUTRAL.
EMA3/EMA4 trend direction (↑ or ↓).
Each filter’s confirmation (🟩 = positive, 🟥 = negative, ⬜ = inactive).
Reversal filters’ status (Doji, RSI divergence, large candle, etc.).
The dashboard color changes based on signal strength:
Green background → bullish bias
Red background → bearish bias
Gray background → neutral/no clear signal
📈 How to Use It
Add the script to your chart
Copy and paste the Pine Script code into TradingView’s Pine Editor and click “Add to chart”.
Choose your timeframe
Works well on 15m, 1H, 4H, or Daily charts.
Adjust EMA lengths depending on the market volatility.
Enable/Disable Filters
Open the Settings panel.
Under “Filters”, choose which indicators to include in the confirmation logic (RSI, MACD, Stoch, etc.).
Reversal Mode (Optional)
In “Reversal” settings, turn on features like RSI Divergence or Candle Patterns to detect exhaustion points.
Interpret the Signals
Buy Signal: All selected filters confirm bullish alignment.
Sell Signal: All filters confirm bearish alignment.
Reversal Signals: Appear when short-term exhaustion or divergence occurs.
Dashboard: Use the mini-dashboard to see which conditions are contributing to the signal.
Set Alerts (Recommended)
Right-click the chart → Add Alert → Choose this indicator → Select a condition (Buy/Sell/Reversal).
Useful for receiving push/email alerts automatically.
💡 Trading Tips
I am still improving the reversals , i have to improve how and when it works...
Combine this indicator with price action or support/resistance analysis for confirmation.
Best used as a signal confirmation tool, not a standalone trading system.
Avoid using all filters at once — start simple (e.g., EMA + RSI + MACD), then add others for precision.
For reversals, focus on confluences (e.g., RSI divergence + Doji + strong support zone).
Name: Multi EMA + Indicators + Mini-Dashboard + Reversals v6
Type: Multi-strategy confirmation & reversal indicator
Platform: TradingView (Pine Script v6)
Purpose: To combine multiple technical indicators and trend confirmations into one unified visual tool — allowing traders to identify trend-following entries, reversal opportunities, and signal strength through an integrated mini-dashboard.
⚙️ Main Features
🔹 1. Multiple EMAs
Plots four Exponential Moving Averages (EMAs) (9, 21, 50, 100 by default).
EMA 3 and EMA 4 dynamically change color depending on trend direction (up or down).
EMA crossovers and price position relative to EMAs help identify bullish or bearish trends.
🔹 2. Technical Confirmations
The indicator includes several well-known oscillators and filters:
RSI (Relative Strength Index) → momentum and midline (50) confirmation.
MACD → trend and momentum alignment via MACD–Signal crossover.
Stochastic Oscillator → overbought/oversold short-term momentum filter.
ATR Filter → ensures candles have sufficient volatility before allowing a trade signal.
CCI (Commodity Channel Index) → adds a secondary trend confirmation layer.
All of these can be individually enabled or disabled in the Filters settings.
🔹 3. Reversal Detection System
Includes several independent criteria to catch potential market reversals:
Candle Patterns – detects Bullish Hammer and Bearish Shooting Star.
Large Candle Filter – detects unusually large candles (configurable %).
Price-EMA Distance Filter – ensures price is not too extended from EMAs.
RSI Divergence – checks for bullish/bearish RSI divergence.
RSI Overbought/Oversold – triggers signals at extreme RSI levels.
Doji Detection – identifies indecision candles that may precede reversals.
Each reversal condition can also be turned on or off independently for fine-tuning.
🔹 4. Buy & Sell Logic
Two types of signals can appear:
Buy/Sell Signal (Trend-based):
Triggered when price is aligned above or below EMAs and all selected filters confirm the direction.
Reversal Signal (Countertrend):
Triggered when one or more reversal criteria are met (e.g., bullish hammer, RSI divergence, or overbought/oversold zones).
🔹 5. Visual Alerts
You’ll see:
Green Up Triangles below candles for Buy signals.
Red Down Triangles above candles for Sell signals.
Up Triangles for Reversal Buys.
Down Triangles for Reversal Sells.
These also trigger TradingView alerts, so you can set up:
“Buy Alert triggered”
“Sell Alert triggered”
“Reversal Buy triggered”
“Reversal Sell triggered”
🔹 6. Mini-Dashboard (Optional)
Displays a summary panel on the chart that helps visualize:
Current trade bias: LONG, SHORT, or NEUTRAL.
EMA3/EMA4 trend direction (↑ or ↓).
Each filter’s confirmation (🟩 = positive, 🟥 = negative, ⬜ = inactive).
Reversal filters’ status (Doji, RSI divergence, large candle, etc.).
The dashboard color changes based on signal strength:
Green background → bullish bias
Red background → bearish bias
Gray background → neutral/no clear signal
📈 How to Use It
Add the script to your chart
Copy and paste the Pine Script code into TradingView’s Pine Editor and click “Add to chart”.
Choose your timeframe
Works well on 15m, 1H, 4H, or Daily charts.
Adjust EMA lengths depending on the market volatility.
Enable/Disable Filters
Open the Settings panel.
Under “Filters”, choose which indicators to include in the confirmation logic (RSI, MACD, Stoch, etc.).
Reversal Mode (Optional)
In “Reversal” settings, turn on features like RSI Divergence or Candle Patterns to detect exhaustion points.
Interpret the Signals
Buy Signal: All selected filters confirm bullish alignment.
Sell Signal: All filters confirm bearish alignment.
Reversal Signals: Appear when short-term exhaustion or divergence occurs.
Dashboard: Use the mini-dashboard to see which conditions are contributing to the signal.
Set Alerts (Recommended)
Right-click the chart → Add Alert → Choose this indicator → Select a condition (Buy/Sell/Reversal).
Useful for receiving push/email alerts automatically.
💡 Trading Tips
I am still improving the reversals , i have to improve how and when it works...
Combine this indicator with price action or support/resistance analysis for confirmation.
Best used as a signal confirmation tool, not a standalone trading system.
Avoid using all filters at once — start simple (e.g., EMA + RSI + MACD), then add others for precision.
For reversals, focus on confluences (e.g., RSI divergence + Doji + strong support zone).
Скрипт с защищённым кодом
Этот скрипт опубликован с закрытым исходным кодом. Однако вы можете использовать его свободно и без каких-либо ограничений — читайте подробнее здесь.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Скрипт с защищённым кодом
Этот скрипт опубликован с закрытым исходным кодом. Однако вы можете использовать его свободно и без каких-либо ограничений — читайте подробнее здесь.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.