EMA Validation

4 EMA with Support/Resistance Validation (EMA-V)

This indicator displays four Exponential Moving Averages (EMAs) with customizable periods (default: 21, 50, 100, 200) and visually validates their roles as support or resistance.

Each EMA changes color based on its behavior: green for respected support , red for respected resistance, or default colors when unvalidated.

Ideal for traders seeking to identify reliable support and resistance levels across multiple timeframes.