OPEN-SOURCE SCRIPT

EMME EPS

334
Main Features

Moving Averages
The script displays important moving averages to help identify the stock’s trend, trend alignment, and potential areas of support or resistance.

Relative Strength
Relative strength helps compare the stock’s performance against the broader market, allowing traders to identify names that are outperforming or underperforming.

Volume Analysis
The volume component helps highlight unusual activity and confirms whether a price move is supported by strong institutional participation or increased market interest.

How I Use It

This script is mainly intended for stock traders looking for momentum setups, especially when a stock is:

Trending above key moving averages
Showing relative strength versus the market
Breaking out or moving with increased volume
Building constructive bases or continuation patterns

The goal is not to predict price movements, but to make it easier to quickly evaluate whether a stock has the technical characteristics of a strong momentum candidate.

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