OPEN-SOURCE SCRIPT
50 & 55 EMA Cloud
After testing thousands of indicators over the years, this simple EMA cloud indicator that I built is still my main weapon. It's always the first one I add to a blank charts and that is not going to change anytime soon.
I find EMAs and MAs are such underrated tools, By observing the price action surrounding these, I can see straight away if it's a good time to get into a trade or not.
As seen here, I also use the 200MA along with the 50/55EMA cloud to find extra strong support and resistances. If price starts to reject both the cloud and the 200MA at the same time/level, then it's a very good indication the price is going to make a big move in that direction as seen here in this chart.
I find EMAs and MAs are such underrated tools, By observing the price action surrounding these, I can see straight away if it's a good time to get into a trade or not.
As seen here, I also use the 200MA along with the 50/55EMA cloud to find extra strong support and resistances. If price starts to reject both the cloud and the 200MA at the same time/level, then it's a very good indication the price is going to make a big move in that direction as seen here in this chart.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart
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