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EMA Trend with MACD-Based Bar Coloring (Customized)

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This indicator blends trend-following EMAs with MACD-based momentum signals to provide a visually intuitive view of market conditions. It's designed for traders who value clean, color-coded charts and want to quickly assess both trend direction and overbought/oversold momentum.

🔍 Key Features:
Multi-EMA Trend Visualization:
Includes four Exponential Moving Averages (EMAs):

Fast (9)

Medium (21)

Slow (50)

Long (89)

Each EMA is dynamically color-coded based on its slope—green for bullish, red for bearish, and gray for neutral—to help identify the trend strength and alignment at a glance.

MACD-Based Bar Coloring:
Candlesticks are colored based on MACD's relationship to its Bollinger Bands:

Green bars signal strong bullish momentum (MACD > Upper Band)

Red bars signal strong bearish momentum (MACD < Lower Band)

Gray bars reflect neutral conditions

Compact Visual Dashboard:
A clean, top-right table displays your current EMA and MACD settings, helping you track parameter configurations without opening the settings menu.

✅ Best Used For:
Identifying trend alignment across short- to medium-term timeframes

Filtering entries based on trend strength and MACD overextension

Enhancing discretion-based or rule-based strategies with visual confirmation

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.