OPEN-SOURCE SCRIPT

Sentiment-Ampel 200 EMA + ADX

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Here is the English description for your TradingView tool:

EMA200 + ADX Multi-Timeframe Dashboard
This tool serves as a compact trend radar, providing a real-time visualization of market structure across multiple timeframes (M5, M15, H1, D). It is designed to help traders align with the higher-order trend and filter out low-probability signals.

Key Features:

Trend Traffic Light: Instantly indicates whether the current price is above (Green) or below (Red) the 200 EMA for each specific timeframe.

Trend Strength (ADX): Includes an integrated ADX value for the current chart. A green value signals a strong trending phase (ADX > 25), while a gray value indicates a weakening trend or sideways market.

Clean Design: Positioned discreetly in the bottom-left corner with a custom offset to the right, using minimalist symbols and clear white text for maximum readability without cluttering the chart.

How to Use:
Use this as a high-conviction confirmation tool. For example, look for Long entries primarily when the majority of the indicators are "Green" and the ADX confirms strong momentum.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.