MagickMynd EMAs: Credit to TECHIE/Philakone EMA

30 мар. 2018 г.I have taken Techie and Philakone's original EMA script and have taken the idea to a slightly different level. Originally the script added the 8, 13, 21 and 55 day EMAs, which match the Fibonacci numbers sequence. I have added the 144 day and edited the 200 day to be 233 days instead, to more closely match the fib numbers sequence. Think of it as kind of a moving exponential fib chart. Combine it with the regular horizontal fib tools and maybe some fib channels and you have a whole lot of fib data with only 1-2 indicators! (suggest combining with the Magick RSI/Stoch tool for maximum efficiency). I have also added the 4 day EMA. While it does not match the number 3 that you would see in the fib sequence, it does have a special use in relation to price action. Let's see if you can notice what it is ;). Happy trading!