EMAs for the periods 5, 10, 20, 30, 50, and 100 are calculated using ta.ema(close, period). Signal Conditions:
Signal 1: All EMAs must be in order (EMA 5 > EMA 10 > EMA 20 > EMA 30 > EMA 50 > EMA 100). Signal 2: Similar to Signal 1 but without the condition for EMA 50 > EMA 100. Plotting the Signals:
Blue triangle is plotted under the first candle that meets Signal 1 conditions (plotshape with color=color.blue). Orange triangle is plotted under the first candle that meets Signal 2 conditions but not Signal 1 (plotshape with color=color.orange). Plotting the EMAs:
Each EMA is plotted with a distinct color for visual clarity. Key Features: The signals only appear on the first candle that meets the respective condition using and not signalX[1] to avoid repetitive signals. EMAs are plotted on the chart to give you a clear visualization of their movement.