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EMA 4 Lines + MA Ribbon
DESCRIPTION:
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This comprehensive trend trading system combines 4 customizable Exponential Moving Averages (EMAs)
with an advanced Moving Average Ribbon to identify trend direction and strength.
KEY FEATURES:
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1. 4 EMA Lines:
- Each line is fully customizable (Length, Color, Visibility).
- Helps identifying dynamic Support & Resistance zones.
2. Advanced MA Ribbon:
- Constructed from a Fast MA and a Slow MA.
- Supports 13 different Moving Average types for customization:
(SMA, EMA, WMA, VWMA, SMMA, DEMA, TEMA, LAGMA, LINREG, HullMA, ZEMA, TMA, SSMA).
- Visual Trend Identification:
* Ribbon Fill: Colors the area between MAs (Green = Uptrend, Red = Downtrend).
* Dynamic Line Colors: MA lines change color based on price trend.
3. Bar Coloring System:
- Green (Strong Buy): Price closes ABOVE the Ribbon.
- Red (Strong Sell): Price closes BELOW the Ribbon.
- Gray (Neutral): Price is inside the Ribbon or indecisive.
- Strict Mode Option: Requires both Open & Close price to be outside the Ribbon.
4. Alerts:
- Integrated alerts for trend reversals (Candle color changes).
==========================================
This comprehensive trend trading system combines 4 customizable Exponential Moving Averages (EMAs)
with an advanced Moving Average Ribbon to identify trend direction and strength.
KEY FEATURES:
------------------------------------------
1. 4 EMA Lines:
- Each line is fully customizable (Length, Color, Visibility).
- Helps identifying dynamic Support & Resistance zones.
2. Advanced MA Ribbon:
- Constructed from a Fast MA and a Slow MA.
- Supports 13 different Moving Average types for customization:
(SMA, EMA, WMA, VWMA, SMMA, DEMA, TEMA, LAGMA, LINREG, HullMA, ZEMA, TMA, SSMA).
- Visual Trend Identification:
* Ribbon Fill: Colors the area between MAs (Green = Uptrend, Red = Downtrend).
* Dynamic Line Colors: MA lines change color based on price trend.
3. Bar Coloring System:
- Green (Strong Buy): Price closes ABOVE the Ribbon.
- Red (Strong Sell): Price closes BELOW the Ribbon.
- Gray (Neutral): Price is inside the Ribbon or indecisive.
- Strict Mode Option: Requires both Open & Close price to be outside the Ribbon.
4. Alerts:
- Integrated alerts for trend reversals (Candle color changes).
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.