OPEN-SOURCE SCRIPT

3 EMA with Dynamic Labels [v6]

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Overview
This script provides a clean, high-performance trend analysis setup by plotting three essential Exponential Moving Averages (EMAs) with dynamic, real-time labels. Built on the latest Pine Script® v6, it is optimized for speed and visual clarity, removing the clutter of traditional multi-EMA indicators.

Key Features
Optimized for v6: Uses the latest TradingView engine for the best performance and compatibility.

Dynamic Right-Aligned Labels: No more guessing which line is which. Labels stay anchored to the right of the price action, displaying the EMA length dynamically.

Standard Trend Trio:

EMA 13 (Yellow): Short-term momentum and entry/exit signals.

EMA 48 (Purple): Mid-term trend health and support/resistance.

EMA 200 (Red): The ultimate long-term trend filter (Bull vs. Bear).

Clean UI: Transparent label backgrounds ensure your price action remains the focal point.

How to Use
Trend Confirmation: Use the EMA 200 (Red) to determine your primary bias. Look for longs above it and shorts below it.

Momentum Scalping: Watch for price reactions or "pullbacks" to the EMA 13 (Yellow) during strong trends.

Trend Transitions: Use the EMA 48 (Purple) as a "bridge" to see if a short-term correction is turning into a deeper trend reversal.

Settings
Source: Choose between Close, Open, HL2, etc.

Length: Fully customizable lengths if you wish to deviate from the 13/48/200 standard.

Toggle Labels: Easily turn the text labels on or off in the settings menu.

Wyłączenie odpowiedzialności

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