// © CarterTsai //@version=4 strategy(title="ema_example", shorttitle="ema_example", overlay=true) plot(ema(close, 12), title="12ema", color=color.white, linewidth=1) plot(ema(close, 144), title="144ema", color=color.yellow, linewidth=1) plot(ema(close, 169), title="169ema", color=color.orange, linewidth=1) plot(ema(close, 576), title="576ema", color=color.blue, ...
Statistical methods based on mean cannot be effective all the time when attributed to financial data since it doesn't usually follow normal distribution, the data can be skewed or/and have extreme values which can be described as outliers. In order to deal with this problem it is appropriate to use median-based techniques. The most common one is called...
Five moving averages in a single indicator, you can decide if they will be exponential or simple. Very useful if you are a free user and want to save some indicator slots. Enjoy it :)