This custom indicator is designed to provide clear, actionable insights into market trends and potential trade opportunities by combining several proven technical analysis tools into a single, easy-to-read interface.
At its core, the indicator leverages a dynamic baseline derived from the Ichimoku system, using it as a reference point for trend direction. Two exponential moving averages (EMAs), tuned to short- and medium-term periods, are monitored for crossovers relative to this baseline. These crossovers serve as primary signals for potential long or short entries, helping to identify shifts in market momentum.
An EMA ribbon overlays the chart, visually highlighting the prevailing trend and offering immediate cues on whether the market environment favors bullish or bearish strategies. The position of the ribbon relative to price action further refines these signals, making it straightforward to spot trend continuations or reversals.
A dedicated dashboard consolidates key information, including trend direction, momentum confirmation via MACD alignment, and a contextual assessment of price action—distinguishing between trending, ranging, and accumulation phases. In periods of accumulation, the indicator encourages additional confirmation before acting, promoting disciplined trade management.
Finally, a real-time RSI gauge is included, providing an at-a-glance view of current momentum and potential overbought or oversold conditions.
This indicator is built for traders seeking a comprehensive, visually intuitive tool to support disciplined, trend-based trading decisions.
I have used this Indicator myself consistently for the last 18 months on other platforms, and I don't use any others, It is missing one feature, however that is due to current restrictions on Indie, which should hopefully be resolved in the future, to which I will then update this to add that.
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