OPEN-SOURCE SCRIPT

Optimal 4H Moving Average Ribbon

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Stolen from Madrid Moving Average Ribbon : 2.0 : MMAR - Respect!
madridjourneyonws.blogspot.com/

Adapted for 4H 5 most optimal EMAs

This plots a moving average ribbon, please use the exponential not the standard.
It is based on a constant calculation of the most profitable EMAs to trade on the 4H time frame for Bitcoin!
Thus the values will be updated with time as they change.
As an example trading the EMA 44 will return ~12000% on initial investment from begining of 2015. Hodl would have given "just" ~4150% for same period!
It is a simple price breaks above EMAs to go long and break below to go short strategy.
This study is best viewed with a dark background. It provides an easy
and fast way to determine the trend direction and possible reversals.

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