stelaraX - EMA

stelaraX – EMA

stelaraX – EMA is a multi-exponential moving average indicator designed to visualize short-, medium-, and long-term trend structure directly on the price chart. By combining multiple EMAs, it provides a clear framework for trend direction, momentum alignment, and dynamic support and resistance.

This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com

Core logic

The indicator calculates up to three exponential moving averages (EMAs) with independent lookback periods. EMAs place greater weight on recent price data, making them more responsive to market changes than simple moving averages.

Key principles:

* the shortest EMA reflects short-term price momentum
* the medium EMA represents intermediate trend direction
* the longest EMA defines the dominant market trend
* EMA alignment indicates trend strength and direction
* price interaction with EMAs highlights dynamic support and resistance

When shorter EMAs are above longer EMAs, bullish trend conditions dominate. When shorter EMAs are below longer EMAs, bearish trend conditions dominate.

Visualization

The script plots:

* a primary EMA directly on the price chart
* optional secondary and tertiary EMAs for extended trend context
* individually configurable colors for each EMA
* clean line rendering for clear chart readability

The ability to toggle EMAs on or off allows flexible adaptation to different trading styles and timeframes.

Use case

This indicator is intended for:

* identifying short-, medium-, and long-term trend direction
* confirming trend alignment across multiple time horizons
* acting as dynamic support and resistance levels
* filtering entries and exits in trend-following strategies
* structuring pullback and continuation setups

It integrates seamlessly with price action analysis, structure-based systems, and AI-assisted chart evaluation.

Disclaimer

This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.