EMA-10 Candle Breaks

The EMA-10 Trend Pullback Breakout indicator helps traders identify high-probability continuation entries by combining EMA direction, pullback candle behavior, and breakout confirmation.

It highlights key pullback candles during a strong EMA-10 trend and marks precise breakout points when price resumes in the trend direction.

📈 How It Works
🔹EMA Direction

• Green EMA → EMA-10 is rising (bullish trend)
  
• Red EMA → EMA-10 is falling (bearish trend)
  

🔹 Pullback Candle Detection

• Bearish candle above EMA during an uptrend
  
• Bullish candle below EMA during a downtrend
  

These candles often act as liquidity traps or pullbacks before trend continuation.

🔹 Breakout Labels

• RB (Red Breakout)
  
  • Appears when price breaks above the high of the last bearish pullback candle in an uptrend.
    

• GB (Green Breakout)
  
  • Appears when price breaks below the low of the last bullish pullback candle in a downtrend.
    

These labels highlight potential trend continuation entries

⚙️ Inputs

• ✅ Highlight Bearish Candles Above EMA (optional)
  
• ✅ Highlight Bullish Candles Below EMA (optional)
  

You can enable or disable candle highlighting to keep your chart clean.

⚠️ Notes

• This indicator is not a standalone trading system.
  
• Always use proper risk management and confirmation (market structure, volume, higher timeframe trend).
  
• Avoid ranging or low-volatility conditions.