EMA based Candle ColoringEMA or Exponential Moving Average (EMA) is a technical indicator used in trading practices that shows how the price of an asset or security changes over a certain period of time. The EMA is different from a simple moving average in that it places more weight on recent data points (i.e., recent prices)
In this script plain EMA or MA is not used for candle coloring, but it takes multiple EMAs of the original EMA and then subtracts lag from the result to get data points of each candle of two certain periods defined. As it differs from traditional EMAs and MAs by reacting quicker to price changes and is able to subtract lag with its calculated formula.
The candle coloring is able to interpret short-term price direction and overall trend and its suitable for active traders. As it tracks price more closely than SMAs
Since EMAs can also provide support or resistance for price and is highly reliant on the asset’s lookback period we can make sure we stay with the trend rather than going against the trend.
*First of all here's what the colors represent and how to interpret them is shown in below image
Examples of how I use the Coloring pattern
Spotting a fakeout/stophunt
during trends:
* No strategy is 100% accurate this script is one of those too , traders must use this as an addition to their system rather than making it a standalone system.
* Context is important as the coloring is done using calculations, different timeframes has different context hence traders discretion is key.
Hope you find this helpful,
Thankyou.
happy trading.
EMAS
GreatBlueTradingTeam FibDev SignalsScript Purpose:
This script was designed to look for trend reversals and be used with other TA tools to help build confluence for day traders.
TA Used:
Without diverging too much information, this script relies on Highs, Lows, Opens, EMAs, Standard Deviations, Fib Numbers, and Fib Levels.
Script Overview:
First we look at the price action found on the Daily chart to create a set of zones using Fibs and Standard Deviations thats serves as our gauge on how far the price will move on any given day. Then, we create another set of zones ("intraday" zones if you will) that are built on much faster price action and relevant to the chart time period that is selected. These zones are also created using a combination of Fibs and Standard Deviations. From here, we compare the intraday price action with these two zones and look for areas where we feel overbought or oversold conditions are forming to create the bullish or bearish signals provided by the indicator.
Script Shortcomings:
Due to the fact this script is looking for breaks in trends, or trend reversals, it is subject to high risk especially in times of strong market trends where it could experience repeated failed signals. We recommend using this script in combination with other forms of TA for additional confluence as well as general market awareness that may influence trends and market behavior.
Script Access:
Please PM us to obtain information about accessing this script, or view our profile for contact information.
PowerBandsENGLISH:
PowerBands is an exclusive product of ApiDevs , it is designed to replace the use of traditional exponential mobile media, by an intuitive band system that allows the trader to operate in favor of the trend.
The PowerBands, it has a band built with an ema10 and an ema55, it also has a built-in smart EMA100 that changes color according to the movement of high and low prices, as well as an EMA200, which will set the market trend.
In addition, it has an (ATR) to define an almost infallible stop loss margin, so that the trader can let the profits run and minimize the losses. If you want to know more about this wonderful indicator, please visit the link on our website found in the direct access buttons, or in the AUTHOR INSTRUCTIONS box.
ESPAÑOL:
PowerBands es un producto exclusivo de ApiDevs , está diseñado para reemplazar el uso de medios móviles exponenciales tradicionales, por un sistema de banda intuitivo que permita al trader operar a favor de la tendencia.
La PowerBands, tiene una banda construida con un ema10 y un ema55, también tiene un EMA100 inteligente incorporada que cambia de color según el movimiento de precios altos y bajos, así como un EMA200, que marcará la tendencia del mercado.
Además, tiene un (ATR) para definir un margen de stop de perdida casi infalible, de modo que el trader pueda dejar correr las ganancias y minimizar las pérdidas. Si deseas conocer mas sobre este maravilloso indicador, por favor visita el enlace de nuestra página web que se encuentra en los botones de acceso directo, o en la caja de INSTRUCCIONES DEL AUTOR.
MA + VolumeAreaMade a stripped-down version of the script.
Later it will be supplemented with other functions.
In assembly:
-4 EMA
-The bull / bear area from the volume candlestick data.
In the settings, you can change the size of the array and the amount of sampled data in it.
p.s I cut all my scripts for convenient work for you. Stay tuned! Good luck.
Standard deviation of the exponential moving average
This indicator emphasizes price movements when it moves away from or closer to the chosen moving average, within the envelope of its standard deviation. It serves as a complement to other indicators or can be used within a strategy by itself.
EMAC - Exponential Moving Average Cross - StudyEMAC - Exponential Moving Average Cross - Study
This is the short Study version of EMAC that has been optimized for TradersPost alerts only
For the original full Strategy version with many editable inputs please see EMAC - Exponential Moving Average Cross
For the full Strategy version with the best currently known optimized inputs (average best settings across 26 tickers) please see EMAC - Exponential Moving Average Cross - Optimized
EOD re-entriesThis indicator is designed to compliment another of my trading scripts which gives signals for long-term trends on the daily chart. Here, I'm using the same daily 50 and 200MAs, but projecting them on the 4 hour chart to potentially catch faster trade re-entry points.
There are built in alerts for the following:
- Long: The price closed above the daily 50 MA while the 4 hour VWAP is above the MVWAP
- Long: The price closed above the daily 200 MA while the 4 hour VWAP is above the MVWAP
- Short: The price closed below the daily 50 MA while the 4 hour VWAP is below the MVWAP
- Short: The price closed below the daily 200 MA while the 4 hour VWAP is below the MVWAP
- VWAP long re-entry (large green triangle): The price closes above the VWAP and both the 50 & 200 MAs
- VWAP short re-entry (large red triangle): The price closes below the VWAP and both the 50 & 200 MAs
- EMA long re-entry (small green triangle): 4 EMAs of your choosing are fanning out above the 50 & 200 MAs when the price is above VWAP
- EMA short re-entry (small red triangle): 4 EMAs of your choosing are fanning out below the 50 & 200 MAs when the price is below VWAP
All of the above are filtered against stochastic RSI and numerous other oscillators to reinforce the signals.
This is a private script. Please DM me for access.
Lobowass and Jonathan Nuñez This script uses maximums and minimums of 4 hours and 30 minutes, giving possible rebound points, once the price reaches the overbought or overbought we will look for resistance or support that indicates a change in trend, to take operations, and with the EMAS of 200, 100 AND 50, we can see the trend, to operate in favor of it, this will give us a greater chance of success in our trade
Default values:
Bollinger Band
Lenght=20
Mult=2
Bollinger Band 2
Lenght=20
Mult=2.5
EMA
Period=200
EMA
Period=100
EMA
Period=50
Support and Resistance to 30 min and 4 hours
This configuration is the preferred one, it gives us reliable entry points, but with the help of price action we can achieve greater possibility of success in the trade
MACD VWAP IndicatorThis indicator uses a combination of the VWAP, EMA 9 and parts of the MACD in order to detect a bullish or bearish trend.
How to trade it:
Set SL either below or above the VWAP line (orange) and TP to 1:1.5 ratio (depending on last few candles, of course).
If EMA200 is close by then place SL either below or above EMA200 (blue) and TP to 1:1.5 ratio
Important:
Best traded in 15M, 30M => Intraday.
Have fun! :)
GODMODE PivotsGODMODE PIVOTS
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Note : Read below before you use on live trading accounts and test on paper trading until you get used to of it
*** This script does not provide end to end signals like buy here and sell there ***
* I personally use this trading system for my trades so i have converted all of it into one script
* I got used to with these ema's and been using it from long time ago
* Take trades on your own risk
*******************************************************
# Script Signals :
* Pivot points for take profits
* UT ( up trend indication )
* DT ( down trend indication )
* Small triangles ( red ,green for continuation )
* Bar colors ( for overbought and oversold )
* 3 EMA's ( for support and resistance )
# how to use :
++++ made to use on 30 min and 1 hr time frame only ++++
* Ema's for support and resistance
* long after "UT" green signal
* short after "DT" red signal
* "Piv" labels (pivot points) for take profits
Piv red = take profits on longs
Piv green = take profits on shorts
* Small triangles shows continuation signals
green for up trend
red for downtrend
* Bar colors shows over sold and overbought price
Green and blue is for oversold price
Red and Orange is for overbought price
When these bar colors occurs i consider closing full position
* Use Ema's for stop placements
**look at the chart for reference
Dm for access
Thanks
EMAS+MA & CrossContiene una media móvil simple y cuatro medias móviles exponenciales, las longitudes y las fuentes son modificables. Marca el cruce de la ema4 y la ma, viene configurado que sea el cruce de la ema de 50 sesiones con la media móvil simple de 200 sesiones, un cruce dorado.
Briz 1D XMAs LOCKED to 1D - BitcoinA crazy bunch of MAs coded the way I wanted - Never was meant to be published but maybe it will help other tightwads out there that need many MAs in one indicator. These SMAs and EMAs are locked to the 1 day time frame. The PURGATORY line is a 666 day MA from 12 hour - thus, 333 1D. There is also a high and low Mayer Multiple built in, a Tilson MA, and a bubble top SMA.
PRIME+ EMASPRIME+ EMAS is an indicator that allows you to see some of the best hourly, daily, weekly and monthly EMAs/SMAs for trading cryptocurrencies; in particular Bitcoin.
These are timeframe-fixed EMAs/SMAs, which means that they will provide you with the same data in all timeframes, unlike most EMAs/SMAs indicators out there.
You also have the option to show them in full or a simplified version of them to declutter your chart.
This PRIME+ version also has 3m timeframe EMAs for a more detailed analysis of the market.
For access and questions, please message me here on TradingView. I will be happy to help!
PRIME - EMASPRIME - EMAS is an indicator that allows you to see some of the best hourly, daily, weekly and monthly EMAs/SMAs for trading cryptocurrencies; in particular Bitcoin.
These are timeframe-fixed EMAs/SMAs, which means that they will provide you with the same data in all timeframes, unlike most EMAs/SMAs indicators out there.
You also have the option to show them in full or a simplified version of them to declutter your chart.
For access and questions, please message me here on TradingView. I will be happy to help!
Double Fixed MAsThis is a version of my fixed MA script where 2 fixed MAs can be shown at once. Please see my "Fixed Moving Average" script for full explanation on what a fixed moving average is.
The defaults are the 12h 200 EMA and 12h 200 SMA. A strategy that can be used with these settings is as follows:
If price is caught in between the 2 moving averages, and is respecting them as support and resistance, then you can use a 12h candle close outside of the 2 MAs as a signal to long/short.
12h candle close above upper MA = look for longs
12h candle close below lower MA = look for shorts
Fully customizable.
As always, feel free to message me for any suggestions/questions.
Enjoy!
EMAs (20,50,100,200)Ability to plot EMAs (20,50,100,200) in single indicator and can be tweaked according to your trading style.
Mix1 : Ema Cross + Trend Channel [Gu5]Based on Trend Channel
Ema-crossover is added
Crossing alerts, only on trend
Basado en mi anterior indicador, Trend Channel
Se agrega Cruce de Medias Moviles (Ema-crossover)
Las alertas solo son en favor a la tendencia
El valor de SMA Range es arbitrario (No Backtesting). Cambia la amplitud de canal que determina cuando es rango (barras amarillas por estar muy cerca del SMA200, sin tendencia definida)
Range Multiplier adapta el indicador a distintos mercados
//Setting recommended for SMA Range
//BTCUSD = 100
//EURUSD = 1000
//SPX = 100
//ETHUSD = 10
Si te fue útil este indicador, puedes comprarme una cerveza ;)
EMAs Alert-This script allows you to show the crossings of the most important emas such as 10, 20, 50 and 200
-You can modify the values of each ema you like
-Bring alerts of the crosses of each ema, which will allow you to activate this function to only the assets you want to track
Multi Time Frame Dual EMA Built this script so that we can have Dual EMA from any time frame on any chart.
Now i can see any cross over from multiple timeframe on single chart. Let me know if anything else is needed
MULTI EMAS Inversiones en el MundoSe trata de un indicador donde se usa varias Medias moviles Exponenciales y cambio de color al cambiar la tendencia...
