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CM Ema Trend Bars

Indicator Name: CM EMA Trend Bars

Overview: The CM EMA Trend Bars indicator is a straightforward yet effective tool that changes the color of price bars based on their relationship to the Exponential Moving Average (EMA). This visual cue helps traders quickly identify trend direction and potential trading opportunities.

Key Features:

  • Dynamic Bar Coloring: The indicator changes the color of the bars depending on whether they are above or below the EMA, providing a clear visual representation of the current trend.
  • Customizable EMA Period: Users can adjust the EMA period via the Inputs tab, allowing for flexibility in adapting the indicator to different trading styles and market conditions.
  • Optional EMA Plotting: The indicator allows users to toggle the visibility of the EMA on the chart, giving the option to focus solely on the color-coded bars or include the EMA line for additional context.
  • HLC/3 Calculation Method: The indicator uses the average of the high, low, and close (HLC/3) to determine whether a bar is above or below the EMA. This approach helps to filter out market noise and reduces false signals, particularly during periods of market chop.

Designed For:

  • Trend Followers: Ideal for traders who want a quick and easy way to identify the prevailing trend.
  • All Timeframes: The indicator is versatile and can be applied across various timeframes, from short-term intraday charts to longer-term analysis.


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5 (8)
Indikatoren
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Indikatoren
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure
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Indikatoren
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5 (2)
Indikatoren
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Indikatoren
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Indikatoren
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TPA True Price Action MT5 Indicator
InvestSoft
5 (10)
Indikatoren
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Matrix Arrow Indicator MT5
Juvenille Emperor Limited
5 (14)
Indikatoren
Matrix Arrow Indicator MT5   ist ein einzigartiger 10-in-1-Trend, der zu   100 % nicht neu gezeichnet   werden kann. Multi-Timeframe-Indikator, der für alle Symbole/Instrumente verwendet werden kann:   Forex ,   Rohstoffe ,   Kryptowährungen ,   Indizes ,   Aktien .  Der  Matrix Arrow Indicator MT5  wird den aktuellen Trend in seinen frühen Stadien bestimmen und Informationen und Daten von bis zu 10 Standardindikatoren sammeln, die sind: Durchschnittlicher Richtungsbewegungsindex (ADX) Rohstoff
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LEE SAMSON
4.65 (23)
Indikatoren
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Reza Aghajanpour
5 (16)
Indikatoren
** All Symbols x All Timeframes scan just by pressing scanner button ** ***Contact me after purchase to send you instructions and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly,
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Version 2.0 2024.08.23
alert is added