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EMA Pullback & Trend Indicator Myraxes

EMA Pullback & Trend Indicator by Max Retri
Plots five EMAs—9, 15, 30, 65 and 200—and draws clean, easy-to-interpret signals when the fast EMAs cross in the direction of the longer-term trend. No other indicators or overlays are required; simply add it to your chart and watch for the arrows and crosses.
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What It Does & How It Works
1. EMAs & Colors
2. Trend Filter
3. Pullback Requirement
4. Signal Logic
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How to Use
Because it’s a pure‐EMA indicator (no heavy calculations), it runs quickly even on lower-end machines.
Plots five EMAs—9, 15, 30, 65 and 200—and draws clean, easy-to-interpret signals when the fast EMAs cross in the direction of the longer-term trend. No other indicators or overlays are required; simply add it to your chart and watch for the arrows and crosses.
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What It Does & How It Works
1. EMAs & Colors
- • Red (EMA 9) – Fast signal line
- • Blue (EMA 15) – Confirmation line
- • Orange (EMA 30) – Pullback zone 1
- • Purple (EMA 65) – Pullback zone 2 & mid-term trend
- • White (EMA 200) – Long-term trend
2. Trend Filter
- • Bullish regime when price is above both EMA 65 and EMA 200.
- • Bearish regime when price is below both EMA 65 and EMA 200.
3. Pullback Requirement
- • Only consider a signal if price has retraced into the EMA 30 or EMA 65 zone.
4. Signal Logic
- Long Entry ▲: EMA 9 (red) crosses above EMA 15 (blue) while in a bullish regime and after a pullback into EMA 30/65.
- Short Entry ▼: EMA 9 crosses below EMA 15 while in a bearish regime and after a retracement up to EMA 30/65.
- Exit ✖: Opposite EMA 9/15 crossover marks the close of the position.
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How to Use
- 1. Add the indicator to any chart/timeframe.
- 2. Identify trend: make sure price is aligned above or below the 65 and 200 EMAs.
- 3. Watch for pullbacks into the orange or purple EMAs.
- 4. Enter on the black ▲ or ▼ arrow.
- 5. Exit when you see the gray ✖ cross.
Because it’s a pure‐EMA indicator (no heavy calculations), it runs quickly even on lower-end machines.
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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。