EMA Pullback & Trend Indicator Myraxes

EMA Pullback & Trend Indicator by Max Retri

Plots five EMAs—9, 15, 30, 65 and 200—and draws clean, easy-to-interpret signals when the fast EMAs cross in the direction of the longer-term trend. No other indicators or overlays are required; simply add it to your chart and watch for the arrows and crosses.

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What It Does & How It Works

1. EMAs & Colors

• • Red (EMA 9) – Fast signal line
  
• • Blue (EMA 15) – Confirmation line
  
• • Orange (EMA 30) – Pullback zone 1
  
• • Purple (EMA 65) – Pullback zone 2 & mid-term trend
  
• • White (EMA 200) – Long-term trend
  

2. Trend Filter

• • Bullish regime when price is above both EMA 65 and EMA 200.
  
• • Bearish regime when price is below both EMA 65 and EMA 200.
  

3. Pullback Requirement

• • Only consider a signal if price has retraced into the EMA 30 or EMA 65 zone.
  

4. Signal Logic

• Long Entry ▲: EMA 9 (red) crosses above EMA 15 (blue) while in a bullish regime and after a pullback into EMA 30/65.
  
• Short Entry ▼: EMA 9 crosses below EMA 15 while in a bearish regime and after a retracement up to EMA 30/65.
  
• Exit ✖: Opposite EMA 9/15 crossover marks the close of the position.
  

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How to Use

1. 1. Add the indicator to any chart/timeframe.
   
2. 2. Identify trend: make sure price is aligned above or below the 65 and 200 EMAs.
   
3. 3. Watch for pullbacks into the orange or purple EMAs.
   
4. 4. Enter on the black ▲ or ▼ arrow.
   
5. 5. Exit when you see the gray ✖ cross.
   

Because it’s a pure‐EMA indicator (no heavy calculations), it runs quickly even on lower-end machines.