Trend Warning / Direction (EMA20/50)

This indicator visualizes trend changes and consolidation phases using the 20 EMA and 50 EMA.

🔹 Trend Signals
• Green triangle (▲): EMA 20 crosses above EMA 50 → bullish trend signal
• Red triangle (▼): EMA 20 crosses below EMA 50 → bearish trend signal
• Crosses are confirmed on candle close to avoid false signals.

🔹 EMA Distance Warning

The indicator highlights low-momentum / squeeze zones when the distance between EMA 20 and EMA 50 falls below a configurable threshold.
• Yellow triangle with number:
Displays the current EMA distance in percent (without the % symbol).
• The warning threshold can be configured individually for each timeframe:
• 1m, 5m, 15m, 30m
• 1h, 4h, 8h
• 1D, 1W
• The active chart timeframe automatically determines which threshold is applied.

🔹 Customization
• Enable or disable EMA distance warnings via settings
• Adjust distance thresholds per timeframe
• Option to limit warning labels to one per bar
• Works on all markets and timeframes

🔹 Use Cases
• Trend identification
• Momentum exhaustion and consolidation detection
• Early warning before potential breakouts
• Trade confirmation in combination with other indicators

This indicator is non-repainting, lightweight, and designed for clean, actionable chart signals.