Personal experiment using simple ema calculation to create a scenery of "mountains".
1. First mountain ( darker opacity ) = ema5 - ema20 2. Second mountain ( medium opacity ) = ema20 - ema50 3. Third mountain ( light opacity ) = ema50 - sma200
There's no buy or sell signal from this indi. But we can see the overall trend reflects by the mountain highs and lows which can be used as a guide to see the big pictures of how the stocks move. This is my 1st stage and I plan to improve it in the next stage.
Examples of how the indicator look is as below : Downtrend Chart
Uptrend Chart
Uptrend Trend change to Down Trend
Nota Keluaran
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Added Golden Cross (GC) Signal : - GC act as a positive sign that counter will be moving higher. - represented by the green circle - new Table Info when GC happens
There are 4 GC included : GC1 = crossover ema5 and ema10 GC2 = crossover ema10 and ema20 GC3 = crossover ema20 and ema50 GC4 = crossover ema50 and sma200
Nota Keluaran
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Added Golden Cross (GC) and Death Cross (DC) Info at Tabel on the right :
i. Golden Cross GC1 = crossover(ema5, ema10) GC2 = crossover(ema10, ema20) GC3 = crossover(ema20, ema50) GC4 = crossover(ema50, sma200)
ii. Death Cross DC1 = crossunder(ema5, ema10) DC2 = crossunder(ema10, ema20) DC3 = crossunder(ema20, ema50) DC4 = crossunder(ema50, sma200)