OPEN-SOURCE SCRIPT

EMA 9/21/50 + VWAP + MACD + RSI Pro [v6]

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Overview:
A powerful multi-indicator tool combining Exponential Moving Averages (EMA 9, 21, 50), Volume-Weighted Average Price (VWAP), Moving Average Convergence Divergence (MACD), and Relative Strength Index (RSI) into a single, easy-to-read system. Designed for traders who want a clean, all-in-one dashboard for trend analysis, momentum confirmation, and overbought/oversold conditions.

Key Features:
1. Triple EMA System (9, 21, 50)
Identifies short-term and medium-term trends.

Bullish Signal: EMA 9 > EMA 21 > EMA 50 (Green Highlight)

Bearish Signal: EMA 9 < EMA 21 < EMA 50 (Red Highlight)

Helps confirm trend direction and potential reversals.

2. VWAP (Volume-Weighted Average Price)
Tracks intraday fair value price based on volume.

Bullish: Price above VWAP (Green)

Bearish: Price below VWAP (Red)

3. MACD (Standard 12, 26, 9 Settings)
Shows momentum shifts.

Bullish: MACD line > Signal line (Green)

Bearish: MACD line < Signal line (Red)

Histogram confirms strength of momentum.

4. RSI (14-Period Default)
Identifies overbought (>70) and oversold (<30) conditions.

Red: Overbought (Potential Reversal)

Green: Oversold (Potential Bounce)

5. Signal Dashboard (Top-Right Table)
Real-time summary of all indicators in one place.

Color-coded for quick interpretation (Green = Bullish, Red = Bearish).

How to Use This Indicator?
✅ Trend Confirmation:

Trade in the direction of EMA alignment (9 > 21 > 50 for uptrends).

Use VWAP as dynamic support/resistance.

✅ Momentum Entries:

Look for MACD crossovers while RSI is not extreme.

Avoid buying when RSI > 70 or selling when RSI < 30 (unless strong trend).

✅ Mean Reversion:

Fade extreme RSI readings (overbought/oversold) when price is at key levels.

Who Is This For?
✔ Swing Traders – EMA + MACD combo for trend-following.
✔ Day Traders – VWAP + EMA for intraday bias.
✔ RSI Traders – Clear overbought/oversold signals.

Settings Customization:
Adjust EMA lengths, RSI periods, and MACD settings as needed.

Toggle VWAP visibility on/off.

Why Use This Script?
📌 All-in-One: No need for multiple indicators cluttering your chart.
📌 Visual Clarity: Color-coded signals for quick decision-making.
📌 Flexible: Works on any timeframe (1M, 5M, 1H, Daily, etc.).

Install now and enhance your trading strategy with a professional-grade multi-indicator system!

Not a financial advice. Use at your own discretion and always apply risk management

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