ADIBABA - 4x EMA

This indicator is based on the Exponential Moving Average (EMA) and is designed to help traders identify trend direction, momentum, and price structure with clarity.

The script provides fully customizable EMA length along with an optional Smoothing EMA (SMS), allowing traders to fine-tune the indicator according to their trading style and market conditions.

It is suitable for intraday, swing, and positional traders and works well across multiple asset classes.
How It Works
• The primary EMA follows price movement and defines the trend
• The smoothing EMA reduces market noise and improves signal quality
• Price above EMA indicates a bullish bias
• Price below EMA indicates a bearish bias

This combination helps filter false signals and provides stronger trend confirmation.