Indicator · Pine Script v6 · On the chart

Trend Analyzer EMA Only

by panzmoravylab

Trend Analyzer EMA Only compares a fast and a slow exponential moving average on the price chart and labels the state uptrend, downtrend, or neutral.

View on GitHub

GitHub stars2on the repository
Pine versionv6current
Lines of code252
Settings10inputs
LicenceNone stated
Last update1 year ago11 Sep 2025

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

A buy or sell signal appears when the fast average crosses the slow average while both slopes agree and their relative gap exceeds a neutral threshold. It assigns each trend a unique ID, tracks peaks, and repeats the same test on 15-minute, 30-minute, and 1-hour data. Settings change average lengths, minimum trend bars, the threshold, and whether labels offset by ATR, percent, or a dynamic range. It is an indicator with no exit or position rules.

Details

Published by

panzmoravylab on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

Trend, Moving averages

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Topics

indicatorpinescript-indicatorstradingviewtrend-analysis

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Fast EMA Lengthint9emaFastLength
Slow EMA Lengthint21emaSlowLength
Min Trend Barsint3minTrendBars
Neutral EMA diff threshold (%)float0.001neutralThreshold
Label offset typestringATRoffsetType
Label offset (ATR multiplier)float1.5offsetATRmult
Label offset (% of price)float0.5offsetPct
Dynamic offset min (%)float0.2dynMin
Dynamic offset max (%)float1.5dynMax
Show PEAK labelsbooltrueshowPeakLabels
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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