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.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。