For those who want to use multiple EMA's in a single indicator.
You can also change ema by just editing in pine editor.
For example:
open pine editor and then just alter => "short = ema(close, 5)" to "short = ema(close, 6)"
By doing this your short ema will be changed at your desire.
Just like this you can increase more ema in your script.
For any help you...
Explain the application of moving averages through the disk surface:
When the price runs above 89, it only looks for the buy signal.
When the price runs below 89, it only looks for sell signals.
The first step up through the 89 moving average after the first confirmation can buy homeoply,
The first pull down after crossing the 89 moving average for the first...
//@version=3
//Written by David Carruthers
//Objective
//This is to support scanning the market to check if the daily candle opened above the daily EMA baseline for a selected pair
//This can be done in some measure by using trading view's screening tools
//However it would be useful, if someone references a pair, to instantly see if that pair opened above the...
The Elder's Force Index is an oscillator that takes into account the change of the price combined with the volume:
EFI = (close of the current day - close of the previous day) * volume of the current day
If measure the force of the price change.
If you calculate the exponential moving average of the last two days to smooth the signal EMA(EFI,2), you have a...
Indicator to fill the ZONE between two EMAs (9 and 21 is the default)
RULES of completion:
CLOSE above "EMAs" and "EMA SLOW", and "EMA FAST" > "EMA SLOW" = green fill
CLOSE below "EMAs" and "EMA SLOW" ,and "EMA FAST" < "EMA SLOW" = red fill
CLOSE between EMAs = white fill
// ============================== ABOUT THIS SCRIPT ==================================
// By @paul108. Based on original idea about EMAs from @MuroCrypto.
// This script tries to time when altcoins might be about to pump after hitting big lows.
// It aims for a higher winrate rather than being definitive.
// It's not for timing entries on your favourite coin. It's...
Clamped EHMA Oscillator Prototype with 21/200 EHMA with additional JMA smoothing (Credit: @everget)
Note: This is an experiment - this is not a polished indicator
Introduction
There are tons of filters, way to many, and some of them are redundant in the sense they produce the same results as others. The task to find an optimal filter is still a big challenge among technical analysis and engineering, a good filter is the Kalman filter who is one of the more precise filters out there. The optimal filter theorem state that :...
I really like to work with EMAs, but each time you use the "buit-in" one, you use one more slot in your indicators allowed.
So I built this simple one, 4 EMA in one indicator, and easy to use as following;
-displays 4 EMAs
-choose your EMA lenghts.
-choose your color and other options as needed.
