Sweaty Palms 9/21 EMA

20 小時前

Sweaty Palms 9/21 EMA

A clean and efficient implementation of the widely-used 9 & 21 EMA combination. This indicator helps traders identify trend direction and potential support/resistance levels with easily distinguishable colors and clear labels.

Features:
• Customizable EMA lengths (default 9/21)
• Clear color coding: Green for faster EMA, Gold for slower EMA
• Dynamic labels that move with price
• Toggle visibility for each EMA
• Clean, uncluttered display

Key Use Cases:
• Trend Direction: When the faster EMA is above the slower EMA, it suggests an uptrend, and vice versa
• Dynamic Support/Resistance: These EMAs often act as support in uptrends and resistance in downtrends
• Momentum: The spacing between EMAs can indicate trend strength
• Trade Signals: Crossovers between EMAs can signal potential entry/exit points

Settings:
• First EMA Length: Default 9 (customizable)
• Second EMA Length: Default 21 (customizable)
• Show/Hide options for each EMA

Note: This indicator is designed for clarity and ease of use, making it suitable for both beginners and experienced traders. The default settings of 9/21 are popular among day traders, but can be adjusted to suit any trading style or timeframe.

Created by SweatyPalmsAlgo