This is a modified version of the exponential moving average indicator to change color based on trend (red/bearish if price has closed below EMA, green/bullish if price has closed above EMA).
Since I noticed there was no Script with actually 3 EMA together (all the ones I found said it was Exponential, but actually was Simple), i created this one.
The lengths, 17 72 305, are based on the phi cube theory, introduced by Bo Williams. The slow length (305) indicate a likely strong support/resistance and the region between the fast and medium lengths (17,...
In one graph, 4 different periods include EMA (8/13/21/55). It is not recommended for short-term investments. You can get efficient results using at least 4 hours chart.
It is not an investment recommendation. Your use is at your own risk.
In one graph, 4 different periods include EMA (8/13/21/55). It is not recommended for short-term investments. You can get efficient results using at least 4 hours chart.
It is not an investment recommendation. Your use is at your own risk.
In one graph, 4 different periods include EMA (8/13/21/55). It is not recommended for short-term investments. You can get efficient results using at least 4 hours chart.
It is not an investment recommendation. Your use is at your own risk.
This script has the option for showing up to 5 moving averages with options to toggle between SMA / EMA. Also includes crypto optimized Ichimoku cloud.
********This script was pieced together from various other's contributions from this site, and I cannot remember who the original authors are*******
Im just combining them to help others with free accounts and...
This script has the option for showing up to 5 moving averages with options to toggle between SMA / EMA. Also includes crypto optimized Ichimoku cloud.
********This script was pieced together from various other's contributions from this site, and I cannot remember who the original authors are*******
Im just combining them to help others with free accounts and...
It works with slow and fast EMA's. When the fast EMA is above the slow EMA the color is green. Overwise the color is red. The study checks this relation for 5 different timeframes. When all five timeframes shows the same signal (all red or all green) the alert is thrown.
The idea is the next:
- Buy when the slow EMA below the fast EMA on 5 timeframes
- Sell when...
This is a script that highlights MysteryWave's 6 Movering Averages.
9 EMA Orange
26 EMA White
50 SMA Magenta
100 SMA Blue
200 EMA Green
200 SMA Turquoise
These moving averages function as support and resistance lines between multiple time frames.
Multiple Moving Averages - A Single indicator that will allow you to put 4 EMA, 5 MA, Hi MA and Lo MA with a single indicator. It also allow you to add verticle background stripes to make it easier to see your price lines.
This script is best using Heikin Ashi candles set for a 1 day time frame, patients is key because its better at trading the trends, its a nice little script if you are not in a hurry just interested in making gains over time following the trends, enjoy
