DrNon EMA5/15/89/200 with Last Low

DrNon EMA5/15/89/200 with Last Low Indicator

This TradingView script is designed for traders who use Exponential Moving Averages (EMAs) to analyze market trends and key support/resistance levels. It plots four essential EMAs:
• EMA 5 (Green): Short-term trend
• EMA 15 (Yellow): Medium-short trend
• EMA 89 (Blue): Medium-long trend
• EMA 200 (Red): Long-term trend

These EMAs help identify potential trend reversals, crossovers, and dynamic support/resistance zones in different timeframes.

Last Low Feature

This script also includes a Last Low indicator, which dynamically tracks the lowest price over a user-defined period (default: 10 bars). Instead of a solid line, it uses a dashed purple line for improved visibility.

This feature is useful for:
✔ Identifying recent support levels
✔ Spotting potential breakdowns or bounce points
✔ Confirming trade entry/exit strategies

Customization

🔹 Adjust the Last Low period via an input field
🔹 Modify EMA colors for better chart clarity
🔹 Enhance alerts by integrating notifications

This tool is ideal for scalpers, swing traders, and long-term investors who rely on EMAs for trend-following strategies.