Triple EMA Trend Filter (Slope & Perfect Order)

This indicator provides a strictly mechanical approach to trend following. It solves the biggest problem trend traders face: getting whipsawed in choppy, sideways markets.

By combining three Exponential Moving Averages (EMAs) with a dynamic slope filter and a strict hierarchy check ("Perfect Order"), this tool visualizes exactly when a trend is valid and, more importantly, when to stay out of the market.



Key Features
1. Dynamic Slope Filtering (Noise Reduction)
Unlike standard EMAs that change color based simply on price relation, this script measures the percentage slope of the EMA.

• If the EMA is too flat (slope < threshold), it turns GRAY.
  
• This filters out weak momentum and range-bound "noise."
  

2. "Perfect Order" Logic
The script enforces a strict hierarchy.

• Bullish: EMA 20 > EMA 50 > EMA 200.
  
• Bearish: EMA 20 < EMA 50 < EMA 200.
  
• Chaos: If the lines are crossing or disordered, all lines turn GRAY. This protects you during trend reversals and messy consolidations.
  

3. Directional Anchor Bias (200 EMA Rule)
The 200 EMA serves as the ultimate anchor.

• Price below 200 EMA: No GREEN lines allowed. (Only Short or Neutral).
  
• Price above 200 EMA: No RED lines allowed. (Only Long or Neutral).
  
• This prevents counter-trend trading against the major market direction.
  

⚙️ How to Trade It
This system is designed for mechanical trend following (e.g., Pullbacks).

• 🟢 GREEN ZONE (Long Setup):
  Wait for all lines to turn Green. This confirms strong momentum, correct hierarchy, and price above the Anchor.
  
• Strategy: Buy pullbacks to the EMA 20 or EMA 50.
  

• ⚪ GRAY ZONE (No Trade):
  When lines are Gray, the market is either flat, correcting deeply, or disordered.
  
• Strategy: Sit on your hands. Do not trade. Preserving capital is key.
  

• 🔴 RED ZONE (Short Setup):
  Wait for all lines to turn Red. This confirms strong downside momentum, correct hierarchy, and price below the Anchor.
  
• Strategy: Sell rallies to the EMA 20 or EMA 50.
  

🔧 Settings

• Slope Threshold (%): Defines how steep the trend must be. Default is 0.05. Increase this value to filter out more noise (trade less, but safer).
  
• Smoothing: Averages the slope calculation over X bars to prevent color-flickering.
  
• Perfect Order Filter: Can be toggled on/off. Recommended: ON.
  
• Anchor Bias: Can be toggled on/off. Recommended: ON.