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EMA 4 Lines + MA Ribbon

DESCRIPTION:
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This comprehensive trend trading system combines 4 customizable Exponential Moving Averages (EMAs)
with an advanced Moving Average Ribbon to identify trend direction and strength.
KEY FEATURES:
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1. 4 EMA Lines:
- Each line is fully customizable (Length, Color, Visibility).
- Helps identifying dynamic Support & Resistance zones.
2. Advanced MA Ribbon:
- Constructed from a Fast MA and a Slow MA.
- Supports 13 different Moving Average types for customization:
(SMA, EMA, WMA, VWMA, SMMA, DEMA, TEMA, LAGMA, LINREG, HullMA, ZEMA, TMA, SSMA).
- Visual Trend Identification:
* Ribbon Fill: Colors the area between MAs (Green = Uptrend, Red = Downtrend).
* Dynamic Line Colors: MA lines change color based on price trend.
3. Bar Coloring System:
- Green (Strong Buy): Price closes ABOVE the Ribbon.
- Red (Strong Sell): Price closes BELOW the Ribbon.
- Gray (Neutral): Price is inside the Ribbon or indecisive.
- Strict Mode Option: Requires both Open & Close price to be outside the Ribbon.
4. Alerts:
- Integrated alerts for trend reversals (Candle color changes).
==========================================
This comprehensive trend trading system combines 4 customizable Exponential Moving Averages (EMAs)
with an advanced Moving Average Ribbon to identify trend direction and strength.
KEY FEATURES:
------------------------------------------
1. 4 EMA Lines:
- Each line is fully customizable (Length, Color, Visibility).
- Helps identifying dynamic Support & Resistance zones.
2. Advanced MA Ribbon:
- Constructed from a Fast MA and a Slow MA.
- Supports 13 different Moving Average types for customization:
(SMA, EMA, WMA, VWMA, SMMA, DEMA, TEMA, LAGMA, LINREG, HullMA, ZEMA, TMA, SSMA).
- Visual Trend Identification:
* Ribbon Fill: Colors the area between MAs (Green = Uptrend, Red = Downtrend).
* Dynamic Line Colors: MA lines change color based on price trend.
3. Bar Coloring System:
- Green (Strong Buy): Price closes ABOVE the Ribbon.
- Red (Strong Sell): Price closes BELOW the Ribbon.
- Gray (Neutral): Price is inside the Ribbon or indecisive.
- Strict Mode Option: Requires both Open & Close price to be outside the Ribbon.
4. Alerts:
- Integrated alerts for trend reversals (Candle color changes).
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.