OPEN-SOURCE SCRIPT

4 EMA TREND INDICATOR

2 957
İf GREEN > YELLOW > RED > BLACK

UPWARD TREND


If BLACK > RED > YELLOW > GREEN

DOWNWARD TREND



In upward trend , if green(fastest ema) crossunder YELLOW or RED or both of them , you can close the position . Dont wait the Downward Trend.



Lengths of EMAs are based on Fibonacci numbers ( 8,13,21,34) , if you want, you can change it based on your strategy.

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