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Enhanced Trading Tool with Moving Average Slope Check By-Jiperz

This Pine Script indicator, “Enhanced Trading Tool with Moving Average Slope Check,” identifies buy and sell signals, trends, and dynamic support/resistance levels to assist trading decisions.

Key Features:
1. Buy/Sell Signals:
• Buy: EMA 9 crosses above EMA 21, both with positive slopes.
• Sell: EMA 9 crosses below EMA 21, both with negative slopes.
• Plots “BUY” (green) and “SELL” (red) labels on the chart.
2. EMA Trend Analysis:
• Uses EMA 9, EMA 21, and EMA 50 to detect trends and momentum direction.
• Slopes confirm uptrends or downtrends.
3. Support/Resistance Levels:
• Dynamic levels derived from pivot highs and lows.
• Visualizes horizontal and projected lines for support (red) and resistance (green).
4. Alerts:
• Real-time notifications for buy and sell signals.

This tool combines moving averages, momentum analysis, and price action levels, making it ideal for systematic trend-based trading.
Candlestick analysisMoving AveragesTrend Analysis

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