OPEN-SOURCE SCRIPT
Updated EMA PRO Swing Structure Entry
🔹 Title
EMA PRO Swing Structure Entry
🔹 Description
This indicator combines multi-EMA trend alignment with swing structure break logic to identify potential continuation entries in trending markets.
The core idea is to approximate how discretionary traders identify entries based on Higher Lows / Lower Highs followed by a break of structure (BOS) — but in a systematic and repeatable way.
🔹 How it works
The indicator operates in three layers:
1. Trend Filter (EMA Alignment)
The trend is defined using up to three Exponential Moving Averages:
Fast EMA (momentum)
Mid EMA (trend)
Slow EMA (higher timeframe bias)
Bullish trend:
EMA1 > EMA2 > EMA3
Bearish trend:
EMA1 < EMA2 < EMA3
Users can enable or disable individual EMAs to adapt the model.
2. Swing Structure Detection
The script identifies swing highs and lows using a configurable pivot strength.
This allows the indicator to detect:
Higher Lows (HL)
Lower Highs (LH)
These structures represent pullbacks within a trend.
3. Break of Structure (Entry Signal)
A signal is generated only when price:
Forms a valid pullback (HL or LH)
Then breaks the most recent swing level
This creates a confirmation-based continuation entry, rather than reacting to noise or micro fluctuations.
🔹 Key Features
EMA-based trend filtering (2 or 3 EMA configurations)
Swing structure logic (HL / LH detection)
Break of Structure (BOS) confirmation entries
Clean label-based signals (no clutter)
Customizable visual styling (colors and label size)
🔹 How to use
This indicator is best suited for:
1H timeframe and above
Trending markets
Swing and intraday continuation strategies
Typical workflow:
Identify trend using EMA alignment
Wait for a pullback
Use the signal as confirmation of structure break
🔹 Notes
Signals are confirmation-based, not predictive
Performance depends on market conditions (trend vs ranging)
Users are encouraged to combine with additional analysis (support/resistance, HTF context, etc.)
🔹 Disclaimer
This script is for educational purposes only and does not constitute financial advice.
Trading involves risk, and past performance does not guarantee future results.
EMA PRO Swing Structure Entry
🔹 Description
This indicator combines multi-EMA trend alignment with swing structure break logic to identify potential continuation entries in trending markets.
The core idea is to approximate how discretionary traders identify entries based on Higher Lows / Lower Highs followed by a break of structure (BOS) — but in a systematic and repeatable way.
🔹 How it works
The indicator operates in three layers:
1. Trend Filter (EMA Alignment)
The trend is defined using up to three Exponential Moving Averages:
Fast EMA (momentum)
Mid EMA (trend)
Slow EMA (higher timeframe bias)
Bullish trend:
EMA1 > EMA2 > EMA3
Bearish trend:
EMA1 < EMA2 < EMA3
Users can enable or disable individual EMAs to adapt the model.
2. Swing Structure Detection
The script identifies swing highs and lows using a configurable pivot strength.
This allows the indicator to detect:
Higher Lows (HL)
Lower Highs (LH)
These structures represent pullbacks within a trend.
3. Break of Structure (Entry Signal)
A signal is generated only when price:
Forms a valid pullback (HL or LH)
Then breaks the most recent swing level
This creates a confirmation-based continuation entry, rather than reacting to noise or micro fluctuations.
🔹 Key Features
EMA-based trend filtering (2 or 3 EMA configurations)
Swing structure logic (HL / LH detection)
Break of Structure (BOS) confirmation entries
Clean label-based signals (no clutter)
Customizable visual styling (colors and label size)
🔹 How to use
This indicator is best suited for:
1H timeframe and above
Trending markets
Swing and intraday continuation strategies
Typical workflow:
Identify trend using EMA alignment
Wait for a pullback
Use the signal as confirmation of structure break
🔹 Notes
Signals are confirmation-based, not predictive
Performance depends on market conditions (trend vs ranging)
Users are encouraged to combine with additional analysis (support/resistance, HTF context, etc.)
🔹 Disclaimer
This script is for educational purposes only and does not constitute financial advice.
Trading involves risk, and past performance does not guarantee future results.
Release Notes
🔔 New Feature — Signal Confirmation on Candle CloseThis update introduces an optional “Signal After Candle Close” setting.
When enabled, signals are generated only after the candle is fully closed, preventing premature entries during candle formation. This helps reduce false breakouts and improves signal reliability, especially in volatile conditions.
ON → More reliable, confirmed signals (recommended for swing/structure trading)
OFF → Faster, more aggressive entries (may include intrabar noise)
This feature gives traders better control between early entries and confirmed setups.
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.
Free telegram channel t.me/alexmasterforex
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.
Free telegram channel t.me/alexmasterforex
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.