EMA-RSI-ADX Trend Bands

📌 EMA-RSI-ADX Trend Bands (ERA Trend Bands)
🔥 Overview

The ERA Trend Bands indicator combines Exponential Moving Average (EMA), Relative Strength Index (RSI), and Average Directional Index (ADX) into a powerful multi-factor trend system.

It helps traders:

Identify trend direction (Bullish / Bearish)

Measure trend strength using EMA deviation bands

Confirm momentum with RSI & ADX filters

Visualize conditions with dynamic colors, labels, tables, and signals

⚡ Key Features
📍 EMA Trend Bands

EMA100 with gradient glow effect showing trend bias

Strength bands around EMA (Very Weak → Hyper levels)

Bands color-coded for bullish/bearish extremes

📊 RSI + ADX Confluence

Bullish Signal: RSI ≥ threshold & ADX ≥ threshold → 🟢

Bearish Signal: RSI ≤ threshold & ADX ≤ threshold → 🔴

Candles recolored when conditions are met

Auto-generated labels show live RSI/ADX values

🧩 Strength Levels

Classifies deviation from EMA into 8 levels:

Neutral → Very Weak → Weak → Moderate → Strong → Very Strong → Extreme → Hyper

Dashboard table shows deviation % ranges & strength colors

Dynamic labels display Trend, Strength, Deviation %, RSI & ADX

🎨 Visual Enhancements

Gradient EMA line with glow effect

Bullish (greens) & bearish (reds) vibrant palettes

Background coloring (optional) based on strength

Symbols & labels for entry confirmation

🎯 How to Use

Trend Direction – EMA color + deviation bands show whether market is bullish or bearish.

Strength Confirmation – Use strength labels & dashboard table to gauge overextension.

Entry Signals – Watch for RSI/ADX confluence (green/red labels on chart).

Exits – Monitor when strength fades back toward Neutral/Weak levels.

⚙️ Settings & Inputs

EMA Settings → Length, Line Width, Gradient Intensity

RSI Settings → Length & Thresholds (Bullish / Bearish)

ADX Settings → Length & Thresholds (Bullish / Bearish)

Bands → Enable/disable EMA deviation bands

Labels/Table → Toggle strength info display

Colors → Fully customizable vibrant palettes

🚨 Alerts & Signals

Bullish Condition → RSI & ADX above thresholds

Bearish Condition → RSI & ADX below thresholds

Visual confirmation with labels, candles, and background

⚠️ Disclaimer

This script is for educational purposes only.
It does not constitute financial advice.
Always backtest and use proper risk management before trading live.

✨ Add EMA-RSI-ADX Trend Bands (ERA Trend Bands) to your chart to trade with clarity, strength, and precision.