PROTECTED SOURCE SCRIPT
Top-CM_EMA Trend Bars with Alerts and Arrows (03102025) v01

🟢 Top-CM_EMA Trend Bars with Alerts and Arrows (03102025) v01
🔎 Indicator Overview:
Top-CM_EMA Trend Bars is a technical analysis tool that utilizes an Exponential Moving Average (EMA) to help traders visually identify market trends. It automatically colors the candles based on trend direction and provides real-time alerts and arrows when a potential trend reversal occurs.
⚙️ Key Features:
✅ 1. EMA-Based Trend Detection
Uses a user-defined EMA (default: 34 periods).
If the average price of a candle (hlc3) is above the EMA → trend is considered uptrend (bullish).
If the price is below the EMA → trend is considered downtrend (bearish).
✅ 2. Color-Coded Trend Bars
Candles are automatically colored to reflect the current trend:
🟩 Green (lime): Uptrend
🟥 Red: Downtrend
Helps traders quickly understand the market direction without manual analysis.
✅ 3. Optional EMA Line Display
Users can choose to show or hide the EMA line with a simple toggle (Show EMA Trend is Based On?).
✅ 4. Real-Time Buy/Sell Alerts
Alerts are triggered when the trend changes:
Transition from bearish to bullish → Buy Signal
Transition from bullish to bearish → Sell Signal
Compatible with TradingView’s alert system for automated notifications.
✅ 5. Directional Arrows on Chart
Displays visual markers:
🔼 Up Arrow (green) below the bar on a Buy Signal
🔽 Down Arrow (red) above the bar on a Sell Signal
Makes it easier to spot trend reversal points directly on the chart.
🧠 Who Is This For?
Technical traders looking for quick visual confirmation of trend direction.
Users who want to automate signal detection and receive instant alerts.
Beginners who prefer a clean and straightforward trend-following tool.
🔎 Indicator Overview:
Top-CM_EMA Trend Bars is a technical analysis tool that utilizes an Exponential Moving Average (EMA) to help traders visually identify market trends. It automatically colors the candles based on trend direction and provides real-time alerts and arrows when a potential trend reversal occurs.
⚙️ Key Features:
✅ 1. EMA-Based Trend Detection
Uses a user-defined EMA (default: 34 periods).
If the average price of a candle (hlc3) is above the EMA → trend is considered uptrend (bullish).
If the price is below the EMA → trend is considered downtrend (bearish).
✅ 2. Color-Coded Trend Bars
Candles are automatically colored to reflect the current trend:
🟩 Green (lime): Uptrend
🟥 Red: Downtrend
Helps traders quickly understand the market direction without manual analysis.
✅ 3. Optional EMA Line Display
Users can choose to show or hide the EMA line with a simple toggle (Show EMA Trend is Based On?).
✅ 4. Real-Time Buy/Sell Alerts
Alerts are triggered when the trend changes:
Transition from bearish to bullish → Buy Signal
Transition from bullish to bearish → Sell Signal
Compatible with TradingView’s alert system for automated notifications.
✅ 5. Directional Arrows on Chart
Displays visual markers:
🔼 Up Arrow (green) below the bar on a Buy Signal
🔽 Down Arrow (red) above the bar on a Sell Signal
Makes it easier to spot trend reversal points directly on the chart.
🧠 Who Is This For?
Technical traders looking for quick visual confirmation of trend direction.
Users who want to automate signal detection and receive instant alerts.
Beginners who prefer a clean and straightforward trend-following tool.
受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
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。
受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
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。