Advanced Smart Entry | TP | SL | EMA Forecast

This Pine Script indicator is called "Advanced Smart Entry | TP | SL | EMA Forecast" and it is designed to help traders set up and visualize their entry points, take profit (TP) levels, stop loss (SL) levels, and forecasted exponential moving average (EMA) levels on the chart. It combines a smart entry strategy with multiple TP levels, a stop loss, and an EMA forecast to provide an enhanced view of potential price movements.

Here’s a breakdown of the indicator’s components:

### **1. Entry Condition:**
- The indicator uses a simple moving average (SMA) crossover strategy as an example entry condition:
- **Enter Long**: The indicator looks for a crossover of a 9-period SMA over a 21-period SMA.
- When this crossover occurs, the indicator executes a "long" entry, meaning it expects price to move upwards.

### **2. Take Profit (TP) Levels:**
- **TP1, TP2, TP3**: After the entry is triggered, the indicator automatically sets three levels for taking profit:
- **TP1**: A price level based on a predefined multiplier (`riskReward1`), typically 1.05 times the entry price.
- **TP2**: A second TP level based on the `riskReward2` multiplier (e.g., 1.10 times the entry price).
- **TP3**: A third TP level based on the `riskReward3` multiplier (e.g., 1.15 times the entry price).

### **3. Stop Loss (SL):**
- **Stop Loss**: A stop loss level is automatically calculated based on a multiplier (`stopLossPct`) of the entry price. This is usually set below the entry price to limit potential losses.
- For example, if the stop loss multiplier is 0.95, the stop loss is set at 95% of the entry price.

### **4. Forecasted EMA (Exponential Moving Average):**
- **EMA Forecast**: The indicator also provides an extrapolated or forecasted EMA line, which predicts where the price could be based on the current EMA.
- **EMA Length**: The length of the EMA is customizable with an input value (`emaLength`), typically set to 50 periods.
- **Forecast Period**: The forecast period (`forecastPeriod`) determines how many bars into the future the EMA is forecasted.
- The forecasted EMA is drawn as a dashed red line, extending beyond the current price action.
- **Toggle Option**: Users can toggle whether or not they want the EMA forecast line and label to be displayed, via a simple checkbox (`showForecastEMA`).

### **5. Visualization:**
- **Entry Line**: A blue line is drawn at the entry price, extending into the future to visualize where the entry occurred.
- **Stop Loss Line**: A dashed red line is drawn at the stop loss price level, helping to quickly identify the risk associated with the trade.
- **Take Profit Lines**: Green lines are drawn at TP1, TP2, and TP3 levels to indicate the potential profit targets.
- **EMA Forecast Line**: A dashed red line is drawn to show the predicted future level of the EMA.
- **Labels**: Labels are added to the right of the chart for all key levels (entry, stop loss, TP1, TP2, TP3, and forecast EMA), displaying the actual price values.

### **Key Features:**
1. **Dynamic TP & SL Levels**: Automatically calculates and visualizes three take profit levels and a stop loss based on the entry price.
2. **EMA Forecast**: Provides an extrapolated forecast of the EMA, helping traders visualize potential future price direction.
3. **User Toggle for EMA Forecast**: A toggle input allows users to switch the EMA forecast display on or off.
4. **Multiple Visual Cues**: The indicator uses multiple lines and labels to visualize important price levels, making it easier to plan trades and manage risk.

### **How to Use It:**
- The indicator is ideal for traders who rely on moving averages for trend identification and want to set automated entry and exit points with a clear risk-to-reward ratio.
- By combining the entry strategy, multiple TP levels, and forecasted EMA, traders can gain a clearer understanding of potential price action and make more informed decisions.
- The toggle for the EMA forecast provides flexibility, allowing users to focus on either the entry/exit levels or the forecasted EMA based on their preferences.

This indicator is a comprehensive tool for managing trades, combining entry signals, multiple profit targets, a stop loss, and predictive analysis of the EMA.