OPEN-SOURCE SCRIPT
EMA Study Script for Price Action Traders
This indicator creates an Exponential Moving Average (EMA) with customizable bands around it.
The bands can be based on three different calculation methods:
1. Full Average Bar Range (high-low)
2. Body Average Bar Range (open-close)
3. Standard Deviation of the EMA
Users can display up to three bands above and below the EMA, with options to customize the colors, transparency, and whether to fill the area between bands. The indicator serves both as a research tool for studying price action around EMAs and as a potential trading tool for identifying volatility zones.
Key features:
- Configurable EMA period and color
- Three different band calculation methods
- Up to 3 standard deviations of band display
- Optional band filling with customizable color and transparency
- Overlay display for easy price action analysis
The bands can be based on three different calculation methods:
1. Full Average Bar Range (high-low)
2. Body Average Bar Range (open-close)
3. Standard Deviation of the EMA
Users can display up to three bands above and below the EMA, with options to customize the colors, transparency, and whether to fill the area between bands. The indicator serves both as a research tool for studying price action around EMAs and as a potential trading tool for identifying volatility zones.
Key features:
- Configurable EMA period and color
- Three different band calculation methods
- Up to 3 standard deviations of band display
- Optional band filling with customizable color and transparency
- Overlay display for easy price action analysis
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
Inggin menggunakan skrip ini pada chart?
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.