1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
EMA-Volume-Momentum calculates volume momentum via RMA and On-Balance Volume (OBV) compared to its EMA. The script highlights trend changes using background colors and shape markers when the fast EMA crosses the slow EMA, as well as when price movement aligns with elevated volume momentum relative to EMA1.
Dual EMA trend detection with crossover markers
Volume momentum filtering based on RMA comparison
On-Balance Volume (OBV) trend tracking with an EMA signal line
Background color highlights for directional volume shifts
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
EMA1
int
50
len1
EMA2
int
200
len2
Hacim MA Uzunluğu
int
20
volLen
Yüksek Hacim Eşiği
float
1.5
volumeThreshold
Hacim Momentum Uzunluğu
int
14
volumeMomentumLength
OBV EMA Uzunluğu
int
20
obvLength
Kaynak
source
close
src
EMA1 göster
bool
true
showEma1
EMA2 göster
bool
true
showEma2
Hacim analizini göster
bool
true
showVolume
Hacim MA göster
bool
true
showVolumeMA
Notları göster
bool
true
showNotes
Show all 14 settings
Setting
Type
Default
Variable
Özel not
string
Analiz Notu
customNote
Geçiş etiketlerini göster
bool
true
showLabels
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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