Universal Buy/Sell Indicator

The "Universal Buy/Sell Indicator" generates clear buy/sell signals using Volumatic VIDYA and Zero Lag EMA, helping traders identify trends on any asset or timeframe. VIDYA adapts to momentum, while Zero Lag EMA confirms trend direction with minimal lag.

Key Features
Volumatic VIDYA: Calculates a momentum-adjusted moving average (length 3, momentum 8) with ATR-based bands (200-period ATR, 1.9 multiplier) to detect trend shifts.

Zero Lag EMA: Uses a 63-period EMA with lag reduction to confirm trends, colored green (bullish) or red (bearish).

Signals: Displays "Buy" (green) and "Sell" (red) labels when VIDYA and Zero Lag EMA align, signaling trend entries/exits.

Perfect For
Trend traders seeking clear buy/sell signals on any asset/timeframe.

Traders using momentum and moving averages for decision-making.

Justification for Invite-Only Status
This indicator is offered as an Invite-Only script under PineAlpha Premium due to its proprietary VIDYA momentum scaling and ongoing support (e.g., monthly access code updates, Discord assistance), justifying its paid access.

Credit for Inspiration
The VIDYA calculation is inspired by the Chande Momentum Oscillator (CMO) by Tushar Chande, as implemented in TradingView’s Pine Script documentation. This indicator enhances VIDYA with dynamic momentum scaling and Zero Lag EMA confirmation.

Legal Disclaimer
This indicator is for educational purposes only and not financial advice. Trading involves high risk, and you may lose your capital. PineAlpha is not responsible for losses. Consult a financial advisor before trading. See our full Legal Disclaimer: discord.gg/Z8sjPVsccb.