Exponential Moving Averages - 6 EMA Crypto Investidor
Indicator developed to facilitate the use of 6 EMAs in a single indicator.
EMAs: 9, 13, 21, 55, 100 and 200 Periods
Developed by Diego do Youtube Channel Crypto Investor
With this script you can plot 6 moving averages.
You can decide which Moving Average you want to show or hide.
For every plot you can decide to display the Simple Moving Average ( SMA ) or Exponential Moving Average ( EMA ).
It provides CrossOver and CrossUnder labels when loading the script. Those labels you can show or hide.
You have the possibility...
Plot the source high, low and close of any given ema or sma. Support and resistance is defined as an area where price is likely to bounce or get rejected and since MA's are usually just one line, this band is meant to act as an area surrounding the original MA and therefore avoiding fake outs.
A simple strategy to give buy/sell signals based on OBV and EMA crossover/crossunder.
When OBV crossunder the EMA it gives a sell signal. When OBV crossover EMA it gives a buy signal.
You can adjust the length of the EMA . By default it is set to 9
This scrip exposes 4 Exponential Moving Average (EMA) indicators which their visibility can be set to a daily or weekly time-frame (aka intervals). Based on your current chart time-frame, the matching EMA indicators come on and off.
This helps to have meaningful EMAs relevant to your time internal.
In a traditional 10 EMA indicates a plotted indicator would bear...
This script shows several EMAs and MAs, fully editable
The moving averages dont change when changing candlelength
Unedited it gives:
- 4 EMA (weekly, monthly, quarterly, anual)
- 3 MA (7day, 14day, 28day)
based on daily close
In the script are two additional EMAs and MAs mutet, easy to activate with pine editor
A combination of 8 EMA & 5 SMA to use with more advanced MA strategies and de-cluttering of indicator list.
To identify lines, Color combination should be somewhat warmer/lighter to cooler/darker colors.
EMA have a thicker line than the SMA. Color pairs have lighter/darker in cases where there are slight variations (when using one over another).
I use DEMA and Price difference in many strategies and and trade.
Finally , ı wanted to build an indicator for relation between them.
It calculates the percentage of difference between price and dema and estimates deviation from the main trend.
Formula = (price-dema)/price*100
There is some parameters;
DEMA Length is length of dema , ı think...
For those who want to use multiple EMA's in a single indicator.
You can also change ema by just editing in pine editor.
open pine editor and then just alter => "short = ema(close, 5)" to "short = ema(close, 6)"
By doing this your short ema will be changed at your desire.
Just like this you can increase more ema in your script.
For any help you...