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4-EMA Trend

This indicator can be used to visualize when price is above or below special exponential moving averages (8, 21, 50 and 200) that are also displayed on the chart. A green or red background is plotted then, that can be followed as a trend. You can define the amount of risk (e.g. in $) and the number of previous bars that will be used to calculate the stop loss. For the stop loss a label is shown (long or short) that displays the quantity to buy or sell for your defined risk. It is recommend to use the indicator in combination with my Stochastic & RSI (see chart) to enter trades long or short when stochastic is overbought or oversold and RSI above or below 50.

US100
Nota Keluaran
Update trend indication: ema8 has to be above / below slower ema
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EMA description and length adjusted
Nota Keluaran
Show stop loss buy or sell depending price above or below slowest EMA
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SMA 40 added as special pullback indicator
Nota Keluaran
Added alerts for long or short trend change
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Add MTF support for slow EMAs
Nota Keluaran
SMA replaced by EMA for trend detection
Nota Keluaran
Length of EMAs can be set
Nota Keluaran
MTF EMA not displayed by default, 20, 50, 200 ema default length
Nota Keluaran
ATR Stop added as dots (bullish, bearish)
Nota Keluaran
Input option for ema fast and middle length
Nota Keluaran
EMA Ribbon added with option to hide it
Nota Keluaran
Alert when price is close to trend EMA (default 200 EMA)
Nota Keluaran
Performance improved, ema ribbon removed
Nota Keluaran
TEMA for trend included
Nota Keluaran
TEMA with custom length, pine version 5
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Refactoring and 4th ema added
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ATR stoploss multiplier added
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Added real price display for Heikin Ashi chart type
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Labels for engulfing candles added
Nota Keluaran
Engulfing pattern bug fixed
Nota Keluaran
Barcolor for engulfing added
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Engulging candles added and atr to 10
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Volatility Stop Length added
Nota Keluaran
Inside bar added as candlestick pattern
Nota Keluaran
Inside bar without color

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