OPEN-SOURCE SCRIPT
LTA Confirmations: EMA + ADX + VWAP
📊 LTA CONFIRMATIONS — WHAT IT SHOWS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
This is our second indicator (slot 2 of 5)
It merges 3 tools into one script:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📉 EMA 9 / EMA 21
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Two moving averages on the chart
→ Green fill = EMA 9 above EMA 21
= bullish momentum
→ Red fill = EMA 9 below EMA 21
= bearish momentum
→ Labels appear on crossovers
→ Alerts fire on every EMA cross
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
💧 VWAP (Volume Weighted Avg Price)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Orange line — resets every session
→ Price above VWAP = intraday bullish
→ Price below VWAP = intraday bearish
→ Bands show ±1 standard deviation
(fair value zone)
→ Alerts fire when price crosses VWAP
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📊 ADX (Trend Strength Filter)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Table bottom-right of chart shows:
• ADX number (0–100)
• ⚠️ Weak / Ranging = ADX below 25
• ✅ Trending = ADX above 25
• 🔥 Very Strong = ADX above 40
• Direction: DI+ vs DI−
(bullish or bearish pressure)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔥 CONFLUENCE ALERT (Most Powerful)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Fires ONLY when ALL THREE line up:
→ EMA 9 crosses EMA 21
→ ADX is above 25 (trending)
→ DI direction matches the cross
= Strongest signal the indicator gives
= Only trade when this fires
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
IN SIMPLE TERMS:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
LTA All-In-One = WHERE to trade
(levels + structure)
LTA Confirmations = WHETHER to trade
(trend + momentum)
Use them together — levels first,
then confirmations before entry ✅
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
This is our second indicator (slot 2 of 5)
It merges 3 tools into one script:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📉 EMA 9 / EMA 21
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Two moving averages on the chart
→ Green fill = EMA 9 above EMA 21
= bullish momentum
→ Red fill = EMA 9 below EMA 21
= bearish momentum
→ Labels appear on crossovers
→ Alerts fire on every EMA cross
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
💧 VWAP (Volume Weighted Avg Price)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Orange line — resets every session
→ Price above VWAP = intraday bullish
→ Price below VWAP = intraday bearish
→ Bands show ±1 standard deviation
(fair value zone)
→ Alerts fire when price crosses VWAP
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📊 ADX (Trend Strength Filter)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
→ Table bottom-right of chart shows:
• ADX number (0–100)
• ⚠️ Weak / Ranging = ADX below 25
• ✅ Trending = ADX above 25
• 🔥 Very Strong = ADX above 40
• Direction: DI+ vs DI−
(bullish or bearish pressure)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔥 CONFLUENCE ALERT (Most Powerful)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Fires ONLY when ALL THREE line up:
→ EMA 9 crosses EMA 21
→ ADX is above 25 (trending)
→ DI direction matches the cross
= Strongest signal the indicator gives
= Only trade when this fires
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
IN SIMPLE TERMS:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
LTA All-In-One = WHERE to trade
(levels + structure)
LTA Confirmations = WHETHER to trade
(trend + momentum)
Use them together — levels first,
then confirmations before entry ✅
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.