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.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.