EMA Squeeze Alert (ADR Filter)

This indicators is for Pine Screener. You could use it on Pine Screener to filter out stocks with EMAs Convergence.

The EMAs used are EMA 9, EMA 12 and EMA 20.

When the current closing price is within 50% of 20-days ADR% from these three EMAs, it would give you an alert signal.

The way to use it is to apply it onto the Pine Screener.
You then select the watchlist you would like to filter out, and check the alert signal to True, and click scan.

If Condition is True, the candlesticks would have a green arrow below and the background is highlighted.

The script is published, feel free to amend it as you like

Have a Nice Day, and Trade Safe !