OPEN-SOURCE SCRIPT
EMA + FVG + Rising Price & Volume Scanner
Identifies high-probability bullish setups where price is trading above the 20, 50, and 200 EMA simultaneously, confirming a strong multi-timeframe uptrend. Filters stocks trading near an unfilled Fair Value Gap zone, ensuring entries are made at areas of price inefficiency and institutional interest. Validates momentum by requiring consecutive higher closes alongside rising volume above its moving average, reducing false signals and highlighting only the strongest trending breakouts.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.