Trader DNA Exp Moving Average Signals Indicator
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EMA 7/17 · Buy & Sell Arrows · SL & TP Levels · Slope Filter · HTF Confirmation · MetaTrader 5
TraderDNA EMA Signals is a precision entry indicator built around the proven EMA 7/17 momentum framework. It scans every completed bar for high-probability buy and sell setups and marks them directly on your chart with clear directional arrows, entry lines, stop loss levels, and take profit targets — everything you need to evaluate and place a trade at a glance.
No more staring at two moving averages wondering when to pull the trigger. A strict three-layer filtering system ensures only the cleanest, highest-momentum setups generate a signal — keeping your chart free of noise and your focus on quality entries.
Three-layer filter: trend, slope angle, and higher timeframe confirmation
Stop loss and take profit levels plotted automatically at 1:3 RR
EMA 7 and EMA 17 plotted on chart for full trend structure visibility
All signals calculated on fully closed bars — what you see stays
HOW IT WORKS
Two exponential moving averages — EMA 7 (fast) and EMA 17 (slow) — are plotted directly on your chart in distinct colours. Together they define trend direction, momentum strength, and entry timing. Every potential signal must pass all three conditions below before an arrow is drawn.
EMA 7 must be clearly above EMA 17 for a buy, or below for a sell, on both the current and previous bar. Confirms the trend is established — not just crossing.
The EMA must be angled at a minimum of 30° to confirm real momentum. Flat or sideways markets are automatically filtered out — eliminating the most common cause of false signals.
The optional 1-hour EMA bias is checked before any 5-minute signal fires. If the higher timeframe disagrees, the signal is suppressed.
Three Entry Candle Patterns
Once all filters pass, the indicator looks for one of three high-momentum candle patterns on the last closed bar:
Long-wick rejection candle showing price was pushed hard and rejected. The wick must be at least 2× the body size.
Large-body momentum candle covering at least 70% of its total range. Clean, decisive move with minimal wick noise.
Current candle completely swallows the previous bar's body — showing a powerful shift in market control.
WHAT YOU SEE ON THE CHART
When a valid signal fires, the indicator draws the following directly on your chart:
Lines extend 8 bars to the right keeping your chart clean. Historical signals remain visible for reviewing past setups and building confidence in the system.
INFORMATION DASHBOARD
A compact panel in the top-right corner updates on every bar:
KEY FEATURES
- ✔ Works on any symbol — Forex, Gold, Indices, Crypto, Commodities
- ✔ Works on any timeframe — optimised for M5
- ✔ Three signal types — Pin Bar, Strong Candle, Engulfing
- ✔ EMA slope filter — removes choppy sideways market noise
- ✔ Higher timeframe filter — optional 1H bias confirmation
- ✔ Automatic SL and TP drawn at 1:3 RR by default
- ✔ Configurable RR ratio — adjust to suit your style
- ✔ Both EMA lines plotted — full trend structure on chart
- ✔ No repainting — all signals on fully closed bars only
- ✔ Live dashboard — trend, bias, slope and signal count
- ✔ Fully customisable colours — match any chart theme
- ✔ Lightweight — no DLLs, no internet connection required
RECOMMENDED USAGE
INPUT PARAMETERS
| Parameter | Default | Description |
|---|---|---|
| EMA SETTINGS | ||
| Fast EMA Period | 7 | Period of the fast exponential moving average |
| Slow EMA Period | 17 | Period of the slow exponential moving average |
| TREND FILTER | ||
| Min Slope Angle | 30.0 | Minimum EMA slope in degrees. Increase to filter ranging markets more aggressively |
| Higher Timeframe | H1 | Timeframe used for the secondary trend confirmation check |
| Use HTF Filter | true | Enable or disable the higher timeframe bias filter |
| ENTRY SIGNALS | ||
| Use Pin Bar | true | Enable pin bar rejection candle entries |
| Use Strong Candle | true | Enable strong momentum candle entries |
| Use Engulfing | true | Enable engulfing candle entries |
| Pin Bar Wick/Body Ratio | 2.0 | Minimum wick-to-body ratio for a valid pin bar. Increase for more extreme rejections |
| Strong Candle Body % | 70.0 | Minimum % of total candle range the body must fill |
| Engulfing Coverage % | 100.0 | % of the previous candle body that must be engulfed. 100 = full engulf required |
| SL / TP | ||
| Reward:Risk Ratio | 3.0 | TP is set at this multiple of the SL distance. 3.0 = TP is 3× the risk |
| SL Buffer Points | 2.0 | Extra distance added beyond the candle extreme for the stop loss |
| DISPLAY | ||
| Draw SL/TP Lines | true | Show or hide the horizontal SL and TP lines on the chart |
| Show Price Labels | true | Show or hide the price level text at the end of each line |
| Show Dashboard | true | Show or hide the info panel in the top-right corner |
| Buy / Sell Arrow Colour | Lime / Red | Colours of the directional signal arrows |
| SL / TP Line Colour | OrangeRed / Blue | Colours of the stop loss and take profit lines |
| EMA Fast / Slow Colour | Blue / Orange | Colours of the two EMA lines plotted on chart |
| EMA Fast / Slow Width | 2 | Pixel width of each EMA line (1–5) |
| Arrow Size | 2 | Size of the buy and sell arrows (1 = smallest, 5 = largest) |
| Max Bars Back | 500 | Maximum number of historical bars scanned for signals |
COMPATIBILITY
