OPEN-SOURCE SCRIPT
Rayner Teo's EMA Setting
Collection of Indicators for Rayner Teo's Strategy
- Displays the 20, 50, and 200 EMAs.
- Highlights the bar when the price enters the area between the 20 EMA and the 50 EMA.
- A green signal appears when the 20, 50, and 200 EMAs are aligned.
- A red signal appears when the price crosses down the 20 EMA during a bullish trend.
- The dim steplines below and above price bar show the 1.5 x ATR(20) used for stop loss.
- Displays the 20, 50, and 200 EMAs.
- Highlights the bar when the price enters the area between the 20 EMA and the 50 EMA.
- A green signal appears when the 20, 50, and 200 EMAs are aligned.
- A red signal appears when the price crosses down the 20 EMA during a bullish trend.
- The dim steplines below and above price bar show the 1.5 x ATR(20) used for stop loss.
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