EMA 8 / 20 / 200

Created to easily use the 8/20/200 strategy.
This indicator is designed to give a clear, multi-timeframe view of trend, momentum, and structure using three exponential moving averages.

1. Trend direction (EMA 200 – pink)
The 200 EMA acts as the long-term trend filter.

Price above the 200 EMA suggests a bullish market bias.

Price below the 200 EMA suggests a bearish market bias.
Many traders avoid taking trades against this higher-timeframe direction.

2. Momentum and trade bias (EMA 20 – blue)
The 20 EMA reflects short-term momentum.

When price respects the 20 EMA in an uptrend, pullbacks often provide continuation entries.

In downtrends, the 20 EMA frequently acts as dynamic resistance.

3. Entry timing (EMA 8 – yellow)
The 8 EMA is a fast reaction line used for precise timing.

Crosses of the 8 EMA over the 20 EMA can signal momentum shifts.

Strong trends often show price holding above (or below) the 8 EMA during impulse moves.

4. Confluence and trade filtering
The indicator works best when the EMAs are aligned:

Bullish alignment: EMA 8 > EMA 20 > EMA 200

Bearish alignment: EMA 8 < EMA 20 < EMA 200
Misaligned EMAs usually indicate consolidation or low-probability conditions.

5. Risk management context
EMAs can act as dynamic support and resistance:

Stops are often placed beyond the 20 EMA or 200 EMA depending on trade horizon.

Loss of EMA structure is a warning sign that the trend may be weakening.

In short, the indicator is a trend-first, momentum-second framework that helps you decide when to trade, in which direction, and when to stay out.