OPEN-SOURCE SCRIPT

Baekdoo compressed multi EMA box and its crossover indicator

Hi forks,

I'm trader Baekdoosan who trading Equity from South Korea. This Baekdoo compressed multi EMA box and its crossover indicator tells us good trading time for swing trading.

Here is the idea. As you can see formula, I put ema of 5 days to 100 days.
and draw box when all disparity of the EMAs are less than 5%
I put those value in input variable as 105 (100 means same as max/min disparity ratio, 105 means max is 5% greater than min). This can be used 110 (10% of box) based on your needs.

Once box are drew, I put indicator when it crossover the box with 5 times larger than 60 days' highest volume. Then I put triangle indicator. This will be good trading point for short-mid term trading. you can check historical chart to evaluate this.

Hope this will help your trading on equity as well as crypto. I didn't try it on futures . Best of luck all of you. Gazua~!
baekdoosancompressionconvergencedivergencecrossovercrossoverboxDivergenceemaconvergenceandcrossoverMoving AveragesTrend AnalysisVolume

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。

チャートでこのスクリプトを利用したいですか?

免責事項