This is the combination of code to detect the cross over between EMA 7 & EMA 21.
By using the double Bollinger Bands will help traders to make the decision by exit the counter just incase buy at the highest price.
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Hello Everyone.
I make Bollinger band , 3 ema and 3 sma combined.
I think this indicator can use all timeframe.
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Indicator will show you
1. Trend follow
2. Pullback catch
2. Market bounce.
1. Trend Follow
- Trend Follow for I used 3 terms. They are short, Mid and Long Trend.
2. Pullback Catch
- EMA...
Key Factors traced
- Price: EMA (Exponential Moving Average)
- Volume: WMA (Weighted Moving Avg.)
- Strength (Momentum): RSI (Relative Strength Indicator)
Default parameters
1. RSI at 9. Over brought & Under sold to 50 to be used as a median. This can be altered to the traditional 70:30 or 60:40
2. WMA at 21
3. EMA at 3, Exponential for Intraday trades
Allows for 3 SMAs and One EMA, Combined with Buy/Sell Indicator
Defaults to following settings:
9 SMA - Red
50 SMA - Blue
180 SMA - White
20 EMA - Yellow
Input Values and Colors can be modified
Recommend changes to the Style default
-uncheck SMA2
-uncheck Buy/Sell Chart Line
This script is supposed to be used as part of the "TESLA" strategy in which the default values for the EMAs will serve as a trend indicator and dynamic support and resistance. Moreover, the bollinger bands will signal an overbought or oversold condition stating statistically the price will go up or down. This script features are:
- 3 EMAs which will response...
Displays 5 popular EMAs (you can hide any you don’t want to see from the “Styles” screen when editing the config).
Set the values for your EMAs by clicking the cog after adding this indicator to your chart.
A Long or Short signal is fired when EMA1 crosses EMA2 - a cross up is a Long signal, a cross down is a Short signal.
Connect to your Bots (3commas /...
This is written as a system to replace the BB strategy.
I think it will work well.
It looks pretty stylish.
Description / Usage:
Adjust the length and multiplier based on your location with Bollinger Bands.
The multiplier of 1 provides you with a basic channel with high and low-source EMA (or SMA).
And with the 8-day exponential moving average, you can observe...
Count of previous bars above or below a chosen Exponential Moving Average. Typically price reconnects with well defined EMAs regularly. If the price has been above/below an EMA for too long, you can expect a reconnect in a short order and bet on mean reversion strategies.
I always wondered there should be an EMA (Exponential Moving Average) indicator for multiple periods.
Hence i have created an EMA channel default value of 48 period for High and low
Request you to all the trader and analysis to try it out! and give a feedback
Also more indicators coming in future from my end hence pls follow to get the updates
Thank you
The On Balance Volume indicator (OBV) is used to measure buying and selling pressure.
It is a cumulative indicator meaning that on days where price went up, that day's volume is added to the cumulative OBV total. If price went down, then that day's volume is subtracted from the OBV total.
The OBV value is then plotted as a line for easy interpretation. OBV ...
PtahX EMA/ATR Strategy Public Release
written October 2019
EMA Strategy with ATR & "Fear Factor" built in
* modifications welcome
* please let me know if you improve it so I can continue to learn :)
* use at your own risk - I'm a new programmer and still learning
* Best of luck on your trades!!
// Take Profit (TP) option based on ATR or MA Crossover
Tracks 3 emas, colorizing background:
Green - 1 on top of 2 on top of 3;
Blue - 1 on top of 3, but 2 below 3;
Red - 1 below 2 below 3;
Orange - 1 below 3, 2 above 3.
Nutshell: allows a quick and always apparent check for strategies like the old 8e, 13e, 21e strategy you see online, customizeable by any emas of your choosing.
This indicator consists of a fast and slow EMA (default lengths are 50 and 9 periods) and an upper and lower ATR band. When combined, this combination gives traders an accurate picture of both trend strength and direction.
Users can modify the lengths of the fast and slow EMA , as well as the multipliers and length for the upper and lower ATR bands.
![BANKNIFTY: RSI with WMA & EMA [AN]](https://s3.tradingview.com/p/p0HqmnqB_mid.png "RSI with WMA & EMA [AN]")
![BTCUSD: Williams %R + RSI + EMA - [Silver-Wong]](https://s3.tradingview.com/b/b7iC9J8W_mid.png "Williams %R + RSI + EMA - [Silver-Wong]")
