OPEN-SOURCE SCRIPT

EMA x5

A simple script involving exponential moving averages. It draws on 5 customizable lookback periods for the EMA and draws it on the chart. From backtesting, periods of confluence between all of the exponential moving averages lead to trades with an increased probability of working out. I have also taken the liberty and added the feature of including higher timeframe comparisons on the same chart. For example, you can choose to draw a 50-period 4-hour EMA on your 5-minute chart if you are an intraday trader. This might holistically help with your analysis by having the data on a single chart. This indicator also helps traders who are using the free or pro versions of TradingView and want to use 5 EMA's but TradingView's indicator count does not allow that many.

I have also made the script open source for anyone looking to reference code.
Exponential Moving Average (EMA)

オープンソーススクリプト

TradingViewの精神に則り、このスクリプトの作者は、トレーダーが理解し検証できるようにオープンソースで公開しています。作者に敬意を表します!無料で使用することができますが、このコードを投稿で再利用するには、ハウスルールに準拠する必要があります。 お気に入りに登録してチャート上でご利用頂けます。

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