This script plots a higher timeframe EMA to your chart. You can specify the timeframe and the length of the EMA in the settings. This chart demonstrates the 5-minute 50EMA (black) combined with the 1-hour 50EMA (colored) on the 1 minute timeframe.
Shows the 21, 50, 100, 200 Exponential Moving Average + 6 bar forecast
Here is a script to know when big dumps, and pumps, are happening. Meant for crypto (I know that's what most people are interested in - it's a mistake) and small caps. Might work for other things have not checked. With some random small cap:
Defaults to 1 SMA with 4 EMA bands. 200 SMA is intended to show the trend; 20,40 and 55 EMA show entries; 81 EMA is used as stop/take profit. Defaults are inspired by 'Eric Choe' but you can switch between EMA and SMA as per your own preference. Philakone uses all 5 as EMA 8, 13, 21, 55, 200
The trend is your friend. Works well on 2hr TF which shows 30+60 ema from 8hr and Daily TFs. Use a higher TF momentum indicator such as TRIX to confirm.
This indicator was originally developed by Mark Jurik. NOTE: If Mr. Jurik ask me to remove this indicator from public access then I will do it.
This script lets you plot a simple or exponential moving average from a specific time frame that you can select. For example, if you always want the Daily 50MA on your chart, regardless of what resolution your chart is on, this will do it. It's also color coded to show if it's rising or falling.
Kaufman Adaptive Moving Average script. This indicator was originally developed by Perry J. Kaufman (`Smarter Trading: Improving Performance in Changing Markets`, 1995).
The script was designed for the purpose of catching the rocket portion of a move (the edge of momentum). Long --When RSI closes over 60, take long order 1 tick above that bar. The closed bar above RSI 60 will be colored "green" or whatever color the user chooses. (RSI > 60) --On a long position, exit will be a closed bar below the ema (low, 10) . The closed...
Basic script that allows you to have 3 scripts all in one EMA (exponential moving averages). They are useful to know the general trends of your chart: current long-term trend, short-term (or immediately) and general. 1 ° EMA 36 serves to define or mark action of the market trend price. At the moment of crossing EMA 36 with EMA 200 upwards it indicates...
5 Exponential Moving Averages EMA 1: length 8, blue line EMA 2: length 13, pink line EMA 3: length 21, green line EMA 4: length 55, yellow line EMA 5: length 200, black line
5 Moving Average Exponential. Crypto EMA. 7 is a fast support or resistance, 15 confirmation support or resistance. 30 Important support and resistance. 50 institutional support or resistance. 200 general trend, support and resistance.
Thanks to Jurij for his coding on single MTF EMA I added 2 more, but changed the time frame to 5min, 15min and 60min
I've been using these for a while trading Bitcoin and I've found them to be the most useful to me. I replaced the 7 you may have seen in the first set with the 9 as I'm seeing it tested across many time frames quite frequently. The least used of the six is the 30 period, but it does have some influence I've found on the large time frames, mainly the weekly.
I've condensed my SMAs down to these 6 and have found them to be most useful for Bitcoin, which is what I trade the most. They all have played their roll in acting as support and resistance and making decisions with the 30 period probably the least relevant, but relevant nonetheless. There is the option to change to exponential if desired.
Created by using the Simple Moving Average indicator created by stocksinboxx Plots four Exponential Moving Averages on a chart. (9, 20, 50, 200)
These are Philakone's EMA's. I added the 100 day in there as I didn't see that anyone had done that. The 100 might be the same color as the 200 looking at the code, I changed it on my chart, but just make sure you check the colors.