carlosrudriguez

EMA Crossovers

Useful for identifying and receiving alerts about uptrends and downtrends.

This script uses two Exponential Moving Averages (EMAs) to find price uptrends and downtrends. An Exponential Moving Average ( EMA ) is a type of moving average that places a greater weight and significance on the most recent data points. The script produces uptrend and downtrend signals based on crossovers and divergences between the two EMAs, the user will be able to spot a trend change (when the EMAs crossover) and to determine the strength of the current trend (when the EMAs diverge). It is also posible to get alerts for uptrends and downtrends on the web and mobile app with sound and pop-ups as well as via email. The optimal time to enter and exit the market can be concluded from this trend changes.

The user can set their own EMAs, by default they are set to 21 and 55 periods for medium and long term respectively. When the medium term EMA crosses below the long term EMA the asset is in a downtrend and the price will decline, and when the medium term EMA crosses above the long term EMA the asset is in an uptrend and price will increase.

This scripts plots the following indicators and signals on the chart to help the user to identify trends:

1.- Medium and long term EMAs as lines overlaid on the price chart.
2.- Up green triangles above bars when the price is on an uptrend and down red triangles below bars when the price is on a downtrend.
3.- Arrows with text to indicate the start of an uptrend or downtrend.

The user can enable and disable the indicators and signals as well as set colors and shapes to their liking.

This script also lets the user create alerts for uptrends and downtrends. To create a new alert using this script follow this instructions:

1.- Once you added this script to your chart, go to the alerts panel (right on web or bottom tool bar on the mobile app) and add a new alert (alarm clock icon with a plus sign).
2.- A modal window will open. On the “Condition” dropdown menu select “EMA Crossovers”.
3.- On the next dropdown menu (right below the “Condition” one ) you can select from two types of alerts “Uptrend started” and “Downtrend started”.
4.- Lastly you can set all the normal alert options and create the alert.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Ingin menggunakan skrip ini pada carta?

Komen

I like it> Will be trying it out today> thank you>
Balas
It looks pretty interesting, do you know where I can learn some of this?
Balas
Carlos, this is awesome man. Thank you very much for sharing this!!!
Balas
@hill3563, thank you, hope this will be useful. Best.
+1 Balas
Thank you very much for your work, I really like your script. The notification in the script is very important. Thank you.
Balas
carlosrudriguez cryptoinvests
@cryptoinvests, glad it's useful to you. Best regards.
Balas
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Harga Rujuk rakan Peraturan Dalaman Pusat Bantuan Laman web dan Penyelesaian Broker Widget Penyelesaian Pencartaan Perpustakaan Pencartaan yang Ringan Blog & Berita Twitter
Profil Tetapan Profil Akaun dan Pengebilan Kawan-kawan yang dirujuk Coin Tiket Sokongan Saya Pusat Bantuan Mesej Peribadi Sembang Daftar Keluar