This script will give you the ability to put an EMA and/or SMA on the chart that changes color based upon the direction. Default at startup is EMA visible and SMA hidden. When the MA is moving up, it is green. When the MA is moving down, it is red. You can change the color to whatever you like.
This is a good reminder for which way you should be placing orders.
It's best to not ignore these signals!!!
lime = full bull - 100ema above 200ema and price is above 200ema
green = hallf bull - price now below 200ema but 100ema is still above the 200
maroon = full bear - opposite of full bull
red = half bear - opposite of half bull
Also with multi...
This script automatically calculates the divergence between your favorite exponential moving average and the current price (13 ema default).
Additionally, it displays the area in yellow once the first threshold gets reached (1.5% divergence default) and in red once the second threshold gets reached (1.5% divergence default).
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.
The script was designed for the purpose of catching the rocket portion of a move (the edge of momentum).
--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...
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 &...