OPEN-SOURCE SCRIPT

Elite MA Trend Overlay [9/21/50/200 + VWAP + HMA]

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🔍 What It Is:
The Elite MA Trend Overlay is a professional-grade moving average system built for day traders, scalpers, and swing traders who need clear, visual trend confirmation and precise entry zones across all timeframes.

This overlay combines 5 industry-proven tools into one compact indicator for sniper-level decision making:

EMA 9 – Entry momentum

EMA 21 – Microstructure guide

EMA 50 – Trend bias filter

EMA 200 – Institutional macro direction

VWAP – Intraday fair value (used by pros)

Hull MA (HMA) – Early shift detector

It also features auto-detected trend zones using color-coded background shading to help you instantly know if the market is in a bullish or bearish regime.

🧠 How It Works:
The script dynamically plots the short-term to long-term moving averages to reflect real-time market structure. When all EMAs are aligned in one direction, a colored background highlights the dominant trend:

✅ Green background = Bullish trend (9 > 21 > 50 > 200)

🔻 Red background = Bearish trend (9 < 21 < 50 < 200)

The VWAP line acts as a magnet and decision zone—traders use it for intraday entries or exits. The Hull Moving Average adapts quickly to price shifts, making it perfect for spotting early reversals before the EMAs cross.

🎯 Why It Helps Traders Succeed:
This indicator:

Removes guesswork: Know instantly if you’re in a strong trend or chop zone.

Filters bad trades: Avoid entering against structure or into volatility traps.

Improves timing: Use pullbacks to EMAs or Hull MA flips for sniper entries.

Works across timeframes: From scalping 1-minute to swing trading daily charts.

Whether you're trading gold, forex, stocks, or crypto — this overlay gives you clean, professional structure that keeps you disciplined and sharp.

⚙️ Features:
On/off toggles for VWAP & Hull MA

Minimalist, clutter-free plotting

Auto background color zones

Supports Pine Script v6 (latest version)

👑 Recommended Use:
Confirm trend with background + EMA alignment

Enter on pullbacks to EMA 21 or 50

Use Hull MA or RSI for early reversal detection

Exit at VWAP reversion or trend exhaustion

💬 “Structure is everything. Trade with the flow, not against it.”

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.