This script is a custom visualization tool to plot 4 Moving Averages (MA).
Each MA is customizable; you can:
enable (disable) the plot of MA;
select whether the MA is an EMA or an SMA;
the source (open, close, ...);
the offset value (default is 0).
The 1st MA is an EMA with length 50.
The others MAs are SMA with length 9, 30...
This is a follow up to a previous script release called " TEMA Cross Backtest ".
This new strategy uses two TEMA crosses, one for trend direction, one for entry and exit. The entry and exit parameters are the same as the previous script. The trend direction is based on a user configurable higher timeframe TEMA cross which determines when to take longs or shorts....
This is an updated version of my previous Triple Moving average script.
This one plots 3 moving averages + Elder impulse system.
The user has an option to choose from EMA or SMA.
User can also choose the length and source for moving averages.
The user also has an option to turn ON/OFF the use of the Elder impulse system.
All this utilizing the space for a...
Here is a very simple script for Triple EMA that adds 3 EMA's of your choice to the chart consuming the space for only one indicator.
This is especially helpful to free users with a limit of 3 indicators per chart.