OPEN-SOURCE SCRIPT

PALUTLA BUY SELL

34
✅ BUY Signal Logic

A BUY label appears when:

EMA 9 crosses ABOVE EMA 21
AND
Price is trading ABOVE VWAP

This confirms that short-term momentum has turned bullish and price is aligned with the day’s average value — a strong intraday uptrend setup.

🔻 SELL Signal Logic

A SELL label appears when:

EMA 9 crosses BELOW EMA 21
AND
Price is trading BELOW VWAP

This confirms bearish momentum and trade alignment below value, indicating downward continuation potential.

🎯 Visual Features

• Green background / BUY labels → Bullish zone
• Red background / SELL labels → Bearish zone
• Grey background → No-trade zone
• EMA 9 and EMA 21 plotted on the price chart
• VWAP plotted as the session trend reference line
• Clear BUY/SELL labels on crossover candles

⏱ Best Timeframes

➡ Works best on intraday charts:

1m – 15m

VWAP is session-based, so daily/weekly timeframes are not recommended.

⚠️ Disclaimer

This indicator provides technical trade signals only.
Not financial advice.
Always use proper risk management and confirmation before trading.

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。