OPEN-SOURCE SCRIPT

EMA Wave Rider (Beginner Edition)

The EMA Wave Rider (Beginner Edition) is a simple trend-following indicator designed to help new traders understand market direction and momentum without overcomplicating their charts.

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📊 WHAT THIS TOOL USES
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• 5 EMA → Fast momentum
• 13 EMA → Signal confirmation
• 50 EMA → Trend direction

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🎯 HOW TO USE
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1. Follow the background:
• Green = Buy environment
• Red = Sell environment

2. Take signals in that direction:
• BUY signals in green zones
• SELL signals in red zones

3. Avoid sideways markets:
• If EMAs are flat or crossing repeatedly → do not trade

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📍 SUPPORT & RESISTANCE
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Built-in support and resistance levels help identify key areas for entries and exits.

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⏱️ BEST SETTINGS
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• Timeframe: 1 Hour
• Markets: Forex (GBPUSD, EURUSD)

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📌 CORE RULE
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No trend = No trade.

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开源脚本

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