hobbeLe

Crypto EMA+MA+MACS by hobbeLe

This is an indicator that includes several EMAs and MAs (Used in Cryptotrading).
In addition, the Golden and Death Cross are also displayed.

Used MAs
  • MA 7 - Orange Line
  • MA 21 - Yellow Line
  • MA 25 - Grey Line
  • MA 99 - Blue Line
  • MA 200 - Green Line

Used EMAs
  • EMA 200 - Grey Dotted Line
  • EMA 222 - Pink Dotted Line

Golden Cross
  • Crossover MA25 + MA200

Death Cross
  • Crossunder MA25 + MA200

What is a Moving Average (MA) ?
A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random short-term price fluctuations.
Moving average is a trend-following, or lagging, indicator because it is based on past prices. The most common applications of moving averages are:

  • to identify the trend direction
  • to determine support and resistance levels

The two basic and commonly used moving averages are the simple moving average ( SMA ), which is the arithmetic average of a security over a defined number of time periods, and the exponential moving average ( EMA ), which gives greater weight to more recent prices.

What is a Golden Cross?
The golden cross is a candlestick pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average. The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as the 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.

What Is a Death Cross?
The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average.

Source; Investopedia


Skrip open-source

Dalam semangat TradingView, penulis dari skrip ini telah mempublikasikannya ke sumber-terbuka, maka trader dapat mengerti dan memverifikasinya. Semangat untuk penulis! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan 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.

Inggin menggunakan skrip ini pada chart?