Hey, as the creator of “zays ema” I’m proud to have coded such an indicator with much potential ,this indicator, unlike many, references a moving average on a lower time frame, and when applied to a chart you’ll see that when price is either above or below this moving average it will always return back to base to acquire equity, I use that term in full to the fact that, when price is on this moving average it will either consolidate for a period of time or react violently to the upside or downside. This is to be used as a conformation indicator For any other implemented strategy. thank you for your time, have fun :).
Catatan Rilis
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this version sends an alert when price is greater then the equity line