parademi super

📌 Indicator Information: EMA 5-8-13 with Noise Reduction

This Pine Script indicator is designed to highlight EMA crossovers and filter out weak or noisy signals by combining multiple confirmation tools.

🔹 Core Logic

Plots three EMAs: 5, 8, and 13.

Colors bars:

Green when price is above all EMAs.

Red when price is below all EMAs.

Orange when price crosses EMA 8.

Displays arrows for 5/8 and 8/13 EMA crossovers (up = bullish, down = bearish).

🔹 Noise Reduction Filters

The script integrates several optional filters to reduce false signals:

Trend alignment: Only signals when EMAs are properly aligned (5>8>13 for bullish, 5<8<13 for bearish).

Close confirmation: Requires bar close beyond EMA 8 by a margin.

ADX filter: Ensures sufficient trend strength (custom ADX calculation).

MFI filter: Confirms with Money Flow Index thresholds.

Volatility filter: Blocks signals when EMAs are too close or ATR is too low.

Higher timeframe (HTF) filter: Confirms direction with EMA 8/13 crossover on a higher timeframe.

Debounce: Minimum bar distance between signals to avoid repetition.

🔹 Customization

All filters and thresholds are adjustable in the input menu:

Enable/disable specific filters.

Change EMA lengths, ADX/MFI parameters, ATR threshold, or HTF resolution.

Adjust the minimum bars between signals for cleaner charts.

🔹 Alerts

Built-in alerts are included for each crossover type (Bull/Bear for 5/8 and 8/13).

⚠️ Note: This is an educational tool for technical analysis. Always backtest and confirm with your own strategy before making trading decisions.