Pops EMA Breakout Suite - PDH/PDL + PMH/PML + 13/48/200

📘 How to Use the Pops EMA Breakout Suite

This script combines Previous Day Levels, Pre-Market Levels, and your EMA fan (13/48/200) into a repeatable trading framework. It’s designed for SPY, QQQ, IWM, and leading stocks — but can be applied anywhere.

🔹 Step 1: Check the Opening Condition

Price must open inside yesterday’s high (PDH) and yesterday’s low (PDL).

This tells you the market is “balanced” and ready for a breakout trade.

🔹 Step 2: Mark the Pre-Market Range (4:00–9:30 ET)

The script automatically plots:

PMH = Pre-Market High (blue line)

PML = Pre-Market Low (blue line)

These are your first breakout trigger levels.

🔹 Step 3: Wait for the Break

If price breaks above PMH, look for longs/calls targeting PDH.

If price breaks below PML, look for shorts/puts targeting PDL.

If price chops between PMH and PML → this is the No-Trade Zone. Sit on hands.

🔹 Step 4: Use the 2-Min EMA Fan for Entry

On a 2-minute chart:

Fast EMA (13, yellow) → entry trigger.

Mid EMA (48, purple) → short-term trend guide.

Slow EMA (200, red) → big-picture filter.

Entry Rule:

After breakout, wait for a pullback to the 13 EMA.

Enter when price rejects and continues in breakout direction.

Stop-loss = just past the 13 EMA.

🔹 Step 5: Manage the Trade

First targets = PDH/PDL zones.

Optional scaling = VWAP, Fib retrace, or major support/resistance.

Trail remainder with the 13 EMA.

🔹 Step 6: Alerts & Automation

The script has built-in alerts you can set:

“Break Above PM High” → signals breakout long.

“Break Below PM Low” → signals breakout short.

“2-min Long Entry” → confirms pullback long.

“2-min Short Entry” → confirms pullback short.

👉 In short: Levels (PDH/PDL, PMH/PML) give you the roadmap. EMAs give you the timing.