Untitled

//@version=5
indicator("Michael's EMA", overlay=true)
src = close

// Input options for EMAs
emaS_value = input.int(12, minval=1, title="EMA Small - Value")
emaS = ta.ema(close, emaS_value)
emaB_value = input.int(21, minval=1, title="EMA Big - Value")
emaB = ta.ema(close, emaB_value)

EMA_UpTrend_color = input(color.green, title="EMA UpTrend Color")
EMA_DownTrend_color = input(color.red, title="EMA DownTrend Color")

// Input options for Arrows
arrowColorUp = input(color.green, title="Arrow Up Color")
arrowColorDown = input(color.red, title="Arrow Down Color")
arrowSize = input.int(50, minval=1, title="Arrow Size")

// Rules For Up and Down EMA trends
EMA_UpTrend = emaS >= emaB
EMA_DownTrend = emaS < emaB

// Rules for Arrows by using EMAs Crossover state
crossover = ta.crossover(emaS, emaB) ? 1 : ta.crossunder(emaS, emaB) ? -1 : na

// Plot EMAs on chart
plot(emaS, color=color.new(EMA_UpTrend ? EMA_UpTrend_color : EMA_DownTrend_color, 0), title="EMA Small", style=plot.style_line, linewidth=1)
plot(emaB, color=color.new(EMA_UpTrend ? EMA_UpTrend_color : EMA_DownTrend_color, 0), title="EMA Big", style=plot.style_line, linewidth=2)

// Plot arrow when EMAs cross
plotarrow(crossover == 1 ? 1 : crossover == -1 ? -1 : na, title="Show Arrow on EMAs Cross", colorup=arrowColorUp, colordown=arrowColorDown, maxheight=arrowSize)

// Alerts
alertcondition(crossover == 1, title="EMA Trend Up", message="EMA Trend Up - {{ticker}} - {{interval}}")
alertcondition(crossover == -1, title="EMA Trend Down", message="EMA Trend Down - {{ticker}} - {{interval}}")