OPEN-SOURCE SCRIPT
EMA flow trend buy AnhDuong

🎯 1. Indicator Purpose
This indicator combines:
BUY/SELL signals based on crossovers between EMA and LWMA (with some noise filtering).
A multi-timeframe dashboard (M1 → H4) showing trend direction using EMA34 and EMA89.
📈 2. Crossover Signal Logic
BUY signal occurs when:
text
Sao chép
Chỉnh sửa
EMA89 < EMA34 (Bullish crossover)
LWMA45 > EMA34 (Price is rising above the fast EMA)
LWMA45 < EMA89 (Price hasn't broken the long EMA yet)
➡️ Meaning: A bullish move is forming (early stage) → potential entry point.
SELL signal occurs when:
text
Sao chép
Chỉnh sửa
EMA89 > EMA34 (Bearish crossover)
LWMA45 < EMA34 (Price is below the fast EMA)
LWMA45 > EMA89 (Price hasn't broken the long EMA downward)
➡️ Meaning: A bearish move is forming → possible short setup.
📊 3. Multi-Timeframe Dashboard
This dashboard shows trend direction using EMA34 vs EMA89:
UP: EMA34 > EMA89 → uptrend
DOWN: EMA34 < EMA89 → downtrend
Example:
makefile
Sao chép
Chỉnh sửa
DASHBOARD (EMA34/89)
M1: DOWN
M5: DOWN
M15: UP
H1: UP
H4: UP
🟢 Recommended strategy:
BUY when most timeframes show UP
SELL when most timeframes show DOWN
Avoid trades if the trend is mixed (e.g., M1 says UP but H1 says DOWN)
📌 4. Suggested Strategy
For Scalping (e.g., on M5):
Ensure that H1 and H4 are aligned with your direction.
Wait for a BUY/SELL signal on M5.
Check the Dashboard to confirm higher-timeframe trend agreement.
⚠️ 5. Important Notes
Don’t rely solely on BUY/SELL signals — always confirm with the Dashboard.
Consider adding RSI, Bollinger Bands, or SMC levels to improve filtering.
Avoid trading during choppy or sideways conditions — frequent EMA crossovers = many false signals.
This indicator combines:
BUY/SELL signals based on crossovers between EMA and LWMA (with some noise filtering).
A multi-timeframe dashboard (M1 → H4) showing trend direction using EMA34 and EMA89.
📈 2. Crossover Signal Logic
BUY signal occurs when:
text
Sao chép
Chỉnh sửa
EMA89 < EMA34 (Bullish crossover)
LWMA45 > EMA34 (Price is rising above the fast EMA)
LWMA45 < EMA89 (Price hasn't broken the long EMA yet)
➡️ Meaning: A bullish move is forming (early stage) → potential entry point.
SELL signal occurs when:
text
Sao chép
Chỉnh sửa
EMA89 > EMA34 (Bearish crossover)
LWMA45 < EMA34 (Price is below the fast EMA)
LWMA45 > EMA89 (Price hasn't broken the long EMA downward)
➡️ Meaning: A bearish move is forming → possible short setup.
📊 3. Multi-Timeframe Dashboard
This dashboard shows trend direction using EMA34 vs EMA89:
UP: EMA34 > EMA89 → uptrend
DOWN: EMA34 < EMA89 → downtrend
Example:
makefile
Sao chép
Chỉnh sửa
DASHBOARD (EMA34/89)
M1: DOWN
M5: DOWN
M15: UP
H1: UP
H4: UP
🟢 Recommended strategy:
BUY when most timeframes show UP
SELL when most timeframes show DOWN
Avoid trades if the trend is mixed (e.g., M1 says UP but H1 says DOWN)
📌 4. Suggested Strategy
For Scalping (e.g., on M5):
Ensure that H1 and H4 are aligned with your direction.
Wait for a BUY/SELL signal on M5.
Check the Dashboard to confirm higher-timeframe trend agreement.
⚠️ 5. Important Notes
Don’t rely solely on BUY/SELL signals — always confirm with the Dashboard.
Consider adding RSI, Bollinger Bands, or SMC levels to improve filtering.
Avoid trading during choppy or sideways conditions — frequent EMA crossovers = many false signals.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。