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LTA Confirmations: EMA + ADX + VWAP

696
๐Ÿ“Š LTA CONFIRMATIONS โ€” WHAT IT SHOWS
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

This is our second indicator (slot 2 of 5)
It merges 3 tools into one script:

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“‰ EMA 9 / EMA 21
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
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

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ’ง VWAP (Volume Weighted Avg Price)
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
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

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“Š ADX (Trend Strength Filter)
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
โ†’ Table bottom-right of chart shows:
โ€ข ADX number (0โ€“100)
โ€ข โš ๏ธ Weak / Ranging = ADX below 25
โ€ข โœ… Trending = ADX above 25
โ€ข ๐Ÿ”ฅ Very Strong = ADX above 40
โ€ข Direction: DI+ vs DIโˆ’
(bullish or bearish pressure)

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ”ฅ CONFLUENCE ALERT (Most Powerful)
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
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

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
IN SIMPLE TERMS:
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
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 โœ…
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
InkJunkieuv
Cumulative Volume Index (CVI)multitimeframeVolume

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Cumulative Volume Index (CVI)multitimeframeVolume
InkJunkieuv

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.