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3 Displaced Exponential Moving Averages — by Negociador Oliveira

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3 Displaced Exponential Moving Averages — by Negociador Oliveira
Description: Custom indicator combining three Exponential Moving Averages (EMAs) with strategic parameters and specific displacements:

📈 21-period EMA — no displacement, ideal for capturing short-term movements.

📊 34-period EMA with a shift of 5 — smooths out noise and anticipates mid-term trends.

📉 250-period EMA with a shift of 20 — long-term reference with forward-looking insight.

All moving averages are plotted within a single indicator, making analysis and decision-making easier.

Purpose: To identify confluence zones, reversals, and trend confirmations with greater precision.

⚠️ Be mindful of risk management, and follow it strictly!

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