Advanced Rainbow EMA + SMMA System - VILLAGE PILOT

Advanced Rainbow EMA + SMMA System

This custom indicator overlays eight rainbow‑colored EMAs (20, 25, 30, 35, 40, 45, 50, 55) together with two Smoothed Moving Averages (SMMA 50 in white, SMMA 200 in red).

Features:

🌈 Rainbow EMAs: Smooth gradient from yellow → gold → orange → dark orange → tomato → crimson → red → blue, showing short‑ to medium‑term momentum.

⚪🔴 Smoothed Moving Averages: Thick white SMMA (50) and thick red SMMA (200) for long‑term trend context.

🟩🟥 Background shading: Green when EMAs align bullish and SMMA 50 > SMMA 200, red when bearish.

📈📉 Signal arrows: “BUY” labels on Golden Cross (SMMA 50 crossing above SMMA 200), “SELL” labels on Death Cross (SMMA 50 crossing below SMMA 200).

🔔 Alerts: Built‑in TradingView alerts for Golden/Death Cross and for strong bullish/bearish EMA alignment.

Use case: This tool helps traders quickly visualize short‑term momentum against long‑term smoothed trend direction. It highlights strong trending conditions, potential reversals, and crossover signals, making it suitable for swing trading, trend following, and confirmation of entries/exits.