OPEN-SOURCE SCRIPT
EMA Ride Scanner V2.a (Toggle) - Ashish
Short Description
A dual-mode EMA9/21/50 trend-ride scanner with volume classification and a relative-strength "Grinder Mode" for stocks that trend without ever coiling tight enough to trigger a squeeze. Use alongside its companion, SQZ_SCAN, for momentum timing.
What it does
EMA Ride Scanner V2.a finds stocks in a clean, established uptrend and flags healthy pullback zones to buy — instead of chasing breakouts after the move has happened. Built on ideas from Qullamaggie's Episodic Pivot framework, Stockbee's price-neglect filter, and VCPSwing's 10/20-MA ride philosophy.
It checks: EMA9>21>50 stack alignment, minimum ride duration, distance from 52-week low, and volatility contraction. Volume bars are color-coded as EP surges, distribution, or healthy dips.
Two modes (single toggle)
Standard Mode (toggle OFF) — for stocks that coil and release. Flags a 0-5% pullback to EMA9, ideally on light volume. Pair with SQZ_SCAN for the breakout-timing signal.
Grinder Mode (toggle ON) — for stocks that never coil. Some strong trends have such low, steady volatility that they never compress enough to trigger a squeeze — by the time SQZ_SCAN fires, they've already run too far from EMA9 to count as a dip. Grinder Mode drops the squeeze requirement and instead checks: low ATR, long ride above EMA21, and meaningful outperformance vs a benchmark index (momentum begets momentum). If price is also near EMA9/21, it flags a Grinder Setup.
Note: cloud-bounce count is shown for visual reference only, not used as a filter — low-ATR stocks often show very few bounces simply because they ride EMA9 continuously rather than dipping and recovering.
Companion: SQZ_SCAN
SQZ_SCAN shows when volatility compression releases into a confirmed move — WATCH (squeeze building), EARLY FIRE (just released), or BUY (released + volume confirmed). NOTE: As with most indicators, this is a lagging indicator on a daily timeframe, and accuracy reduces significantly on lower timeframes.
Workflow:
Screen with EMA Ride Scanner (Standard Mode) for clean pullback candidates.
Check SQZ_SCAN on each — prioritize WATCH/EARLY FIRE/BUY.
Separately, screen Grinder Mode for low-volatility names — don't require SQZ confirmation here, it structurally won't fire for this archetype.
Sanity-check on hourly before entry — only to rule out an active breakdown, not as a hard gate. Both indicators are daily-timeframe tools; hourly readings are noisy and shouldn't override a valid daily setup.
What this isn't
A screening tool, not a full trading system — no buy/sell signals, no risk management built in. Combine with your own entry timing, sizing, and stops.
A dual-mode EMA9/21/50 trend-ride scanner with volume classification and a relative-strength "Grinder Mode" for stocks that trend without ever coiling tight enough to trigger a squeeze. Use alongside its companion, SQZ_SCAN, for momentum timing.
What it does
EMA Ride Scanner V2.a finds stocks in a clean, established uptrend and flags healthy pullback zones to buy — instead of chasing breakouts after the move has happened. Built on ideas from Qullamaggie's Episodic Pivot framework, Stockbee's price-neglect filter, and VCPSwing's 10/20-MA ride philosophy.
It checks: EMA9>21>50 stack alignment, minimum ride duration, distance from 52-week low, and volatility contraction. Volume bars are color-coded as EP surges, distribution, or healthy dips.
Two modes (single toggle)
Standard Mode (toggle OFF) — for stocks that coil and release. Flags a 0-5% pullback to EMA9, ideally on light volume. Pair with SQZ_SCAN for the breakout-timing signal.
Grinder Mode (toggle ON) — for stocks that never coil. Some strong trends have such low, steady volatility that they never compress enough to trigger a squeeze — by the time SQZ_SCAN fires, they've already run too far from EMA9 to count as a dip. Grinder Mode drops the squeeze requirement and instead checks: low ATR, long ride above EMA21, and meaningful outperformance vs a benchmark index (momentum begets momentum). If price is also near EMA9/21, it flags a Grinder Setup.
Note: cloud-bounce count is shown for visual reference only, not used as a filter — low-ATR stocks often show very few bounces simply because they ride EMA9 continuously rather than dipping and recovering.
Companion: SQZ_SCAN
SQZ_SCAN shows when volatility compression releases into a confirmed move — WATCH (squeeze building), EARLY FIRE (just released), or BUY (released + volume confirmed). NOTE: As with most indicators, this is a lagging indicator on a daily timeframe, and accuracy reduces significantly on lower timeframes.
Workflow:
Screen with EMA Ride Scanner (Standard Mode) for clean pullback candidates.
Check SQZ_SCAN on each — prioritize WATCH/EARLY FIRE/BUY.
Separately, screen Grinder Mode for low-volatility names — don't require SQZ confirmation here, it structurally won't fire for this archetype.
Sanity-check on hourly before entry — only to rule out an active breakdown, not as a hard gate. Both indicators are daily-timeframe tools; hourly readings are noisy and shouldn't override a valid daily setup.
What this isn't
A screening tool, not a full trading system — no buy/sell signals, no risk management built in. Combine with your own entry timing, sizing, and stops.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.