This is an indicator based on the MA rainbow concept. It is possible to choose between 15 or 20 MA's and if all 15 MA's is picked, the calculation will be calculated on 15 MA's and if 20 is picked the calculation is calculated on 20 MA's. The indicator will then be a line which is assigned a value from the calculation based on the MA's. If the line is above the...
This indicator is a compliment to Exponential Deviation Bands . It is the difference between the upper and the lower bands divided by the middle band. It is an easy way to visualize consolidation before price movements or periods of higher volatility. How it works During a period of high volatility, the distance between the two bands will widen and Exponential...
Exponential VWAP version of my original VWAP pivots here
Exponential version of my anchored VWAP found here :
Prints exponential 8, 21, 50, 100 and 200-day moving averages on intraday charts. For example, if you are on a 5 minute chart, you will see a magenta "X" making the current value of the 8-day EMA with an "8" label above it. This is NOT a Strat script and it follows more closely the way Scott Redler from T3Live looks at charts. If you acknowledge that the vast...
I saw some discussion of this so I whipped up an example to prove the that effect of history length on EMA values is pronounced, even for bars much further than the EMA length from the first candle of the chart. This chart has two 89-bar EMAs of the close: a green one and a red one. However, for the red one, the first 89 bars of the graph are considered to have a...
This indicator is a collection of 6 different period Moving Averages. It has support for different time-frame resolution for all of them individually. Also, it has 11 different type of Moving Average calculation functions: 1. Simple Moving Average (SMA) 2. Exponential Moving Average (EMA) 3. Weighted Moving Average (WMA) 4. Volume Weighted Moving Average...
EMAs converted to Bollinger Bands The bands are 50, 200 and 800 period, forming a strategy and having clear trends and stronger supports and resistances (when the lines converge the area is stronger).
Hello, This is RSI indicator that shows background color, when proper levels reached, instead of line in another pane. Customizable options are available: - source - length - overbought level - oversold level I have added as well RMA of RSI for extra confirmation if needed. I hope you enjoy and will leave me some feedback! Don't forget to follow me for new...
Open-source live tracker of Harold Burger's Bitcoin "Power Law Corridor". Added optional chart fill and labels to show the percentage delta to the regression center-line, support and resistance.
The channel is of High and low using EMA, so it is easily to track and see higher high when prices is breaking above channel. same is vice-versa when price is breaking below channel.
The alpha parameter of this moving average decreases with every new bar on the chart, so it will become more slowly and slowly in course of time. Can act like additional support/resistance line but works in an acceptable way on weekly and monthly timeframes only.
use alongside other indicators like my hma, tesma, tdi scripts. this will give you confirmation for long short opportunity. look up basic knowledge for fast and slow ema crossovers for other ways to use the script
3 EMAs will help identify and predict uptrends and downtrends -If EMAs are all above the candles it a sign to sell & if the EMAs are below its a sign to buy - If the Green-8 EMA crosses or touches red candle then flips under the other EMAs & candles then it's time to sell -If the Green-8 EMA crosses or touches green candle then flips above the other EMAs &...
Add 4 Fibonacci EMAs to your charts with one indicator. Configureable by value, so they don't necessarily have to use Fibonacci numbers, and by colors.