This indicator combines 3 Exponential Moving Averages (EMAs) and the MACD. This indicator is designed to help confirm entry/exit points using multi-timeframe EMA relationships and MACD signals. I will work on incorporating RSI into this soon.
Background Color Indicators:
Green Background: 12 EMA > 27 EMA > 50 EMA (bullish alignment). MACD Line above Signal Line → Indicates bullish market conditions. Red Background: 12 EMA < 27 EMA < 50 EMA (bearish alignment). MACD Line below Signal Line → Indicates bearish market conditions. Signal Generation: Buy Signal:
Occurs when the 12 EMA crosses above the 27 EMA, indicating short-term bullish momentum. Confirmation requires 27 EMA > 50 EMA and MACD Line > Signal Line. Result: Strong potential for price continuation upward.
Sell Signal:
Occurs when the 12 EMA crosses below the 27 EMA, signaling potential bearish momentum. Confirmation requires 27 EMA < 50 EMA and MACD Line < Signal Line. Result: Indicates potential for downward price continuation.
Exponential Moving Averages (EMAs):
12 EMA (Expansion Phase): Tracks short-term momentum shifts. 27 EMA (Momentum/Transition Phase): Acts as a bridge between short-term and mid-term trends. 50 EMA (Trend Indicator): Highlights medium-term trend direction. 415 EMA (Long-Term Trend): Filters out market noise and focuses on long-term trend direction. MACD (Moving Average Convergence Divergence):
MACD Line: Difference between the 12-period and 27-period EMAs. Signal Line: 9-period EMA of the MACD line. MACD Histogram: Visualizes the distance between the MACD line and the Signal line.
發行說明
This indicator combines 3 Exponential Moving Averages (EMAs) and the MACD. This indicator is designed to help confirm entry/exit points using multi-timeframe EMA relationships and MACD signals. I will work on incorporating RSI into this soon.
Background Color Indicators:
Green Background: 12 EMA > 27 EMA > 50 EMA (bullish alignment). MACD Line above Signal Line → Indicates bullish market conditions. Red Background: 12 EMA < 27 EMA < 50 EMA (bearish alignment). MACD Line below Signal Line → Indicates bearish market conditions.
Signal Generation: Buy Signal:
Occurs when the 12 EMA crosses above the 27 EMA, indicating short-term bullish momentum. Confirmation requires 27 EMA > 50 EMA and MACD Line > Signal Line. Result: Strong potential for price continuation upward.
Sell Signal:
Occurs when the 12 EMA crosses below the 27 EMA, signaling potential bearish momentum. Confirmation requires 27 EMA < 50 EMA and MACD Line < Signal Line. Result: Indicates potential for downward price continuation.
Exponential Moving Averages (EMAs):
12 EMA (Expansion Phase): Tracks short-term momentum shifts. 27 EMA (Momentum/Transition Phase): Acts as a bridge between short-term and mid-term trends. 50 EMA (Trend Indicator): Highlights medium-term trend direction. 415 EMA (Long-Term Trend): Filters out market noise and focuses on long-term trend direction. MACD (Moving Average Convergence Divergence):
MACD Line: Difference between the 12-period and 27-period EMAs. Signal Line: 9-period EMA of the MACD line. MACD Histogram: Visualizes the distance between the MACD line and the Signal line.
發行說明
This indicator combines 3 Exponential Moving Averages (EMAs) and the MACD. This indicator is designed to help confirm entry/exit points using multi-timeframe EMA relationships and MACD signals. I will work on incorporating RSI into this soon.
Background Color Indicators:
Green Background: 12 EMA > 27 EMA > 50 EMA (bullish alignment). MACD Line above Signal Line → Indicates bullish market conditions. Red Background: 12 EMA < 27 EMA < 50 EMA (bearish alignment). MACD Line below Signal Line → Indicates bearish market conditions.
Signal Generation: Buy Signal:
Occurs when the 12 EMA crosses above the 27 EMA, indicating short-term bullish momentum. Confirmation requires 27 EMA > 50 EMA and MACD Line > Signal Line. Result: Strong potential for price continuation upward.
Sell Signal:
Occurs when the 12 EMA crosses below the 27 EMA, signaling potential bearish momentum. Confirmation requires 27 EMA < 50 EMA and MACD Line < Signal Line. Result: Indicates potential for downward price continuation.
Exponential Moving Averages (EMAs):
12 EMA (Expansion Phase): Tracks short-term momentum shifts. 27 EMA (Momentum/Transition Phase): Acts as a bridge between short-term and mid-term trends. 50 EMA (Trend Indicator): Highlights medium-term trend direction. 415 EMA (Long-Term Trend): Filters out market noise and focuses on long-term trend direction. MACD (Moving Average Convergence Divergence):
MACD Line: Difference between the 12-period and 27-period EMAs. Signal Line: 9-period EMA of the MACD line. MACD Histogram: Visualizes the distance between the MACD line and the Signal line.
發行說明
Small Fix
發行說明
Added a toggleable RSIGradient feature that overlays RSI breakouts and breakdowns using 40 and 60 RSI levels.
Thinking about changing how it is shown into a trend strength line rather than shading.
發行說明
Added a toggleable RSI gradient to highlight breakouts at the 40 and 60 RSI levels, improving visibility in neutral zones from the first version.
Considering alternative visualizations, such as a histogram, instead of overlaying colors on the chart