The script will analyze trend around EMAs (configurable periods) and let you know when to short or long the market.
It will also tell you when there is a Overbought / Oversold Cross over Stochastic indicator
The script also includes a Ichimoku cloud so you can add this to your analysis for a trading action.
There will be more indicators coming into this script...
Sometimes you want to have multiple moving averages in the graph to evaluate your operation.
Here is my alternative for this need and I´m glad to share with you.
This script also has some pivot indicators and can be a good start point to you extend its features.
This presents an EMA of:
Green: (opened longs + closed shorts)
Red: (opened shorts + closed longs)
White/blue: The difference of those two
This should represent longs/shorts better than the ratio or longs/shorts by themselves because it is weighted more towards recent actions instead of pre-existing positions and includes closed positions as well.
Same Strategy as Philakone with one difference
Rules for Buying
EMA 8 > EMA 13 > EMA 21 & EMA is crossing up on EMA 55
Or
EMA 8 > EMA 13 > EMA 21 & Price closes above EMA 89 = as second confirmation
Rules for Selling are opposite
EMA 8 < EMA 13 < EMA 21 & EMA is crossing down on EMA 55
Or
EMA 8 < EMA 13 < EMA 21 & Price closes below EMA 89 = as second...
This is a simple yet very flexible moving average script. There are more than few moving average scripts out there but non of them are as flexible as this one.
This script lets you have seven different moving averages. Each moving average can be set separately, each can :
1- switch the moving average between EMA and SMA
2- set the flat percentage, this setting...
Original script PACMASTER by JustUncleL.
I (YardleyRosette) have republished this indicator with the fixed and optimal settings nearest to MetaTrader4 Traders Dynamic Index ("SYNERGY") Price Action Channel.
Therefore I feel I have to accredit myself for selecting the optimal settings as best intended by CompassFX .
Basic Rules:
Solid filled Heikin Ashi...
It is a indicator that tries to predict when to buy and sell using RSI and EMA indicators together.
When the red columns over the blue columns that is the "buy signal". When it is not, it is a "sell signal".
![ETHEUR: GDAX EMA Cross[1,8] - Realtime alert test](https://s3.tradingview.com/l/LizvjCn4_mid.png "GDAX EMA Cross[1,8] - Realtime alert test")
![XRPUSD: Bitfinex Leveraged Positions Over Time [NB]](https://s3.tradingview.com/z/ZH3je8nC_mid.png "Bitfinex Leveraged Positions Over Time [NB]")
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