PROTECTED SOURCE SCRIPT

EMA Support & Resistance

323
Educational Purpose only
This indicator combines VWAP, multiple Exponential Moving Averages (EMA 20,/VWAP ), Support and Resistance

VWAP (Volume Weighted Average Price) helps identify fair value and intraday bias.

EMA 20 act as dynamic support and resistance levels for short, medium, and long-term trends.

CPR (Central Pivot Range) is calculated from the previous day’s High, Low, and Close. It provides intraday reference zones S1/S2/S3 & R1/R2/R3 that traders use to gauge market direction and trend strength.

This tool is built for educational purposes only — to help visualize common support & resistance zones and learn how VWAP + EMAs + S/R interact in live markets. It is not financial advice and should not be used as a standalone trading system.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.