MIDAS line v1 is apply form MACD + EMA89
If MIDAS is Green it's mean MACD cross up zero and positive trend is coming
If MIDAS is yellow it's mean MACD positive trend too but it's weaker
If MIDAS is red it's mean MACD cross down zero line negative trend
If MIDAS is blue it's mean negative too but positive is coming
Have a goodluck
This strategy is based on a lagged 24 periods Donchian Channel and a 200 periods EMA .
The enter positions are calculated this way :
1. we wait for the close of a candle below the channel and it must be below the 200 EMA
2. the following candle must be a green one and close in the lagged channel
3. we put a long order at the close of the...
Hi guys ^^
This script combine all Philakone EMAs plus i added death and golden cross MAs which is ( 200 MA + 50 MA ) plus 100 MA
You can fully customize all moving averages MA EMA show or hide or change color or thickness and ofc 0.79% play with source code :)
BTC tip :
Five indicators in one.
4 Moving Average Exponential : 8, 13, 21, 55 - as per @Philakone strategy
Check out my other scripts for RSI and Stoch RSI all in one, and 4EMA + Death Cross + Bollinger Bands.
United three indicators in one.
4 Moving Average Exponential: 8, 13, 21, 55 - as per @Philakone strategy
Moving Average Exponential - Death Cross: 100, 200
Check out my other script for RSI and Stoch RSI all in one.
Similar to basic EMA Ribbon indicator except uses log-space transformation. Should be better on very long timeframes and for determining beginning of a bull market. The tradeoff is that it is slower than regular EMA near peaks (regular EMA will outperform this indicator when determining when to sell).