OPEN-SOURCE SCRIPT

SM/CENKER - MACD + EMA 200 MTF Trend Panel

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📊 SM/CENKER - MACD + EMA 200 MTF Trend Panel
This advanced indicator combines the power of MACD momentum, EMA 200 trend filter, and volume confirmation to generate clean buy/sell signals, all while adapting to multi-timeframe (MTF) trend context.

🔍 Key Features:

✅ Multi-Timeframe EMA 200: Analyze higher timeframe trend while trading on your current chart.

📈 Buy/Sell Signals: Triggered only when MACD crossover aligns with the MTF trend direction and volume spike confirms the move.

🟢 Trend Coloring: EMA 200 line dynamically turns green in uptrend and red in downtrend.

🧭 Trend Panel: Top-right dashboard showing real-time trend direction and volume status.

📍 Minimalist Labels: Clean, modern BUY/SELL labels directly on the chart for easy spotting.

🕹️ Fully customizable font size and timeframe settings.

🚨 Ideal for traders looking for trend-following momentum entries with volume validation, and clean visual support.

⚠️ Disclaimer: This script is intended for educational purposes only and not for financial advice or commercial use.

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