OPEN-SOURCE SCRIPT

EMA X Oscillator

已更新

This indicator combines elements of the Exponential Moving Average (EMA) crossover and Rate of Change (ROC), generating a solid simple tool for technical analysis.

Overall, this script creates an oscillator by calculating the Rate of Change between two Exponential Moving Averages (Fast and Slow) based on the chosen smoothing methods and lengths. The oscillator helps identify potential trends. It offers customization options for the types of smoothing and other parameters, making it versatile for various strategies.

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*Added the HMA as a smoothing option along with minor superficial changes