LTA Confirmations: EMA + ADX + VWAP

๐ LTA CONFIRMATIONS โ WHAT IT SHOWS
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
This is our second indicator (slot 2 of 5)
It merges 3 tools into one script:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ EMA 9 / EMA 21
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Two moving averages on the chart
โ Green fill = EMA 9 above EMA 21
= bullish momentum
โ Red fill = EMA 9 below EMA 21
= bearish momentum
โ Labels appear on crossovers
โ Alerts fire on every EMA cross
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ง VWAP (Volume Weighted Avg Price)
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Orange line โ resets every session
โ Price above VWAP = intraday bullish
โ Price below VWAP = intraday bearish
โ Bands show ยฑ1 standard deviation
(fair value zone)
โ Alerts fire when price crosses VWAP
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ ADX (Trend Strength Filter)
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Table bottom-right of chart shows:
โข ADX number (0โ100)
โข โ ๏ธ Weak / Ranging = ADX below 25
โข โ Trending = ADX above 25
โข ๐ฅ Very Strong = ADX above 40
โข Direction: DI+ vs DIโ
(bullish or bearish pressure)
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ฅ CONFLUENCE ALERT (Most Powerful)
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Fires ONLY when ALL THREE line up:
โ EMA 9 crosses EMA 21
โ ADX is above 25 (trending)
โ DI direction matches the cross
= Strongest signal the indicator gives
= Only trade when this fires
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
IN SIMPLE TERMS:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
LTA All-In-One = WHERE to trade
(levels + structure)
LTA Confirmations = WHETHER to trade
(trend + momentum)
Use them together โ levels first,
then confirmations before entry โ
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
This is our second indicator (slot 2 of 5)
It merges 3 tools into one script:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ EMA 9 / EMA 21
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Two moving averages on the chart
โ Green fill = EMA 9 above EMA 21
= bullish momentum
โ Red fill = EMA 9 below EMA 21
= bearish momentum
โ Labels appear on crossovers
โ Alerts fire on every EMA cross
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ง VWAP (Volume Weighted Avg Price)
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Orange line โ resets every session
โ Price above VWAP = intraday bullish
โ Price below VWAP = intraday bearish
โ Bands show ยฑ1 standard deviation
(fair value zone)
โ Alerts fire when price crosses VWAP
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ ADX (Trend Strength Filter)
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Table bottom-right of chart shows:
โข ADX number (0โ100)
โข โ ๏ธ Weak / Ranging = ADX below 25
โข โ Trending = ADX above 25
โข ๐ฅ Very Strong = ADX above 40
โข Direction: DI+ vs DIโ
(bullish or bearish pressure)
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ฅ CONFLUENCE ALERT (Most Powerful)
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Fires ONLY when ALL THREE line up:
โ EMA 9 crosses EMA 21
โ ADX is above 25 (trending)
โ DI direction matches the cross
= Strongest signal the indicator gives
= Only trade when this fires
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
IN SIMPLE TERMS:
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
LTA All-In-One = WHERE to trade
(levels + structure)
LTA Confirmations = WHETHER to trade
(trend + momentum)
Use them together โ levels first,
then confirmations before entry โ
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.