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The Delta with EMAs - Version 2 | CaptJackSparrow

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📊 The Delta with EMAs - Version 2 16th April 25 working copy it is not finished yet!!!!!!!| CaptJackSparrow
This updated script takes your trading to the next level by merging dynamic volume delta with customizable EMAs and Fibonacci levels, all enhanced with session-based background highlights.

🧩 Cumulative Volume Delta (CVD):

Visualize market sentiment and volume flow with step-line candles, showing the tug-of-war between buyers and sellers.

Real-time tracking of volume dynamics with customizable timeframes and session-specific calculations.

📈 Exponential Moving Averages (EMAs):

EMAs (3, 5, 8, 9, 15, 24, 30, 60, 90) plotted on CVD to reveal trend direction and momentum shifts.

Customizable visibility settings for each EMA, with background coloring when the EMAs align to highlight momentum zones.

📊 Fibonacci Levels:

Overnight and New York sessions: Track the high, low, and midpoint (equilibrium) for each session to gauge market sentiment.

Weekly Fibonacci: See the high, low, and midpoint for the week, with dynamic labels updating as the week progresses.

🌍 Session Highlights:

Display colored backgrounds for New York, Overnight, Europe, Asia, and After Hours sessions, helping you identify active market periods.

Customizable start/end times for each session with visual color options.

🔔 Alerts & Visuals:

EMA crossovers and background colors help spot key momentum shifts.

Tailored alerts based on the crossover of the EMAs, helping you track potential entries or exits.

🧠 Ideal for traders who love:

Understanding market structure through volume analysis.

Using multiple session contexts for more precise trading decisions.

Anticipating breakouts or divergences with dynamic Fibonacci and EMA support.

🏴‍☠️ Disclaimer: This script is for educational purposes only and is not financial advice. Always trade responsibly and consider market risks.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.