Basically this script is only for visual appeal purposes. This script consists of multiple ema moving average lines, where the shortest time is 2 bars while the longest is 68 bars.
This script is for pure entertainment. You are advised NOT to use it to assist yourself in making financial/investment decisions.
Buy when the indicator is green
Sell when indicator is red
.
Caution!
- This indicator is not suitable for trend trading.
- This indicator is not suitable for trading on the Sideway chart.
Thank you
This is a useful indicator which allows you to plot multiple common predefined Moving Averages (Ema and Sma). Here are some of its features:
Ability to quickly display many common EMAs and SMAs.
Multiple timeframes.
Descriptive labels to avoid misreading.
Simple and well-organized Input Tab.
This script is useful to see correlation between macroeconomic assets, displayed in different ema line shown in percentage to compare these assets on the same basis. Percentage will depend on the time frame selection. In the higher timeframe you will see higher variation and in small timeframe smaller variation.
You can select the timeframe who suit your...
JNSAR:
Take Last 5 days, 5 periods High, Low and Close EMA. We shall have 15 such EMAs. Its average is JNSAR.
EMAs:
Plot High and Low EMAs for the 5 periods.
If close is above high EMA, fill the band with green color, if close is below low ema, fill the band with red color. If close is between high and low EMAs, fill the band with
grey color.
...
EMA (Exponential moving average) often acts as dynamic support and resistance and trend detector and the further price is away from ema the more it has chance to reverse, hence percentage levels gives a range to exit your trades.
*choose your favourite timeframe and EMA length , alter percentages as you wish to generate Take profit levels
thank you..
Happy Trading.
Description
The Coordinator is an indicator developed on the back of the RSI algorithm, modified substantially to form a cloud. In addition, the Coordinator uses EMA/SMA to compare the location of the RSI cloud with the chosen moving averages (EMA vs SMA).
This indicator is helpful as it confirms when a trader should enter a position or exit based on the...
I made this script to keep an eye on most important timeframes (1h, 4h, D, W, M)) moving averages while watching another timeframe. You can select what Ma's you want to be shown for each timeframe and some options to help your analysis (show history, show prices on mouse over label, etc...)
It includes 3 MA's:
- Fast (EMA)
- Middle (SMA)
- Slow (SMA)
You can...
This indicator displays 3 EMAs that recalculate every day.
This is useful for intraday trading by removing the bias of the previous day's ema price. This ensures your EMAs stay near the most current price action.
Note: If your length is larger than the number of bars in the day, your EMAs will not have time to properly catch up in the day.
<< ALMA CROSS signal >>
*NONE REPAINT STRATEGY*
--As a result of testing for a month, using alma does not result in repainting--
--ALMA 크로스 결과는 한달간의 테스트 결과, 리페인팅되지 않습니다--
(ENGLISH description O)
==NOTE==
1. MA 크로스 지표는 잘못된 신호들이 자주 등장합니다. 정확성을 더 높일수 있는 방법은 없을까 고민을 해봤습니다. 더 낮은 가격에 매수하고, 더 높은 가격에서 매도하는 것이 중요했습니다. 우리가 흔히 저점, 고점을 알아내기 위한 지표이자, 선행지표인 RSI를 추가하는 방법을...
Thjs script combines two range filters, an EMA and the Ultimate oscillator.
This is an indicator type of script with alerts that is ideal for one minute scalping and was developed initially for NAS100 but has been used successfully with other symbols.
The two range filters are used to detect when the short and mid term trends are in the same direction.
The EMA...
Hey Folks,
Just created my first script, It's basically 4 DEMA in one indicator which helps you not to use multiple indicators.
It's more accurate than Exponential Moving Average & give signals much prior to the breakout, very helpful in short timeframes.
Tweak it according to your preference
Instructions to use
-When 55 DEMA crosses all the DEMA it's a clear...
I added 7 EMA in a ribbon form ( basically, I took from the open script base and just combined them)
By default:
To see Short trends ( Alligator)
EMA(5)
EMA(8)
EMA(13)
To See Longer Trends
EMA(20)
EMA(50)
EMA(100)
EMA(200)
Cheers
--- Foreword ---
The Overbought and Oversold Index Swing Trading System or short: I11L Hypertrend primarily uses money management Strategies, EMA and SMA and my momentum Ideas for trying to produce satisfactory Alpha over a timespan of multiple years.
--- How does it Work? ---
It uses 20 different EMA's and SMA's to produce a score for each Bar.
It will credit...
