OPEN-SOURCE SCRIPT
Mushir's EMA 8/20
EMA 8/20 is an indicator made by @MushirSpeaks, which gives the trend condition of the selected timeframe.
The EMA 20 is represented with a blue color and the EMA 8 is represented subjectively,
when EMA 8 is above EMA 20 the color of EMA 8 becomes green which indicates that the market is in uptrend and a long trade can be planned upon the successful testing and structure formations, whereas when the EMA 8 is below the EMA 20 the color of EMA 8 turn red hence denoting that the trend has shifted to downtrend and accordingly a short trade can be planned.
(Not Financial Advice)
The EMA 20 is represented with a blue color and the EMA 8 is represented subjectively,
when EMA 8 is above EMA 20 the color of EMA 8 becomes green which indicates that the market is in uptrend and a long trade can be planned upon the successful testing and structure formations, whereas when the EMA 8 is below the EMA 20 the color of EMA 8 turn red hence denoting that the trend has shifted to downtrend and accordingly a short trade can be planned.
(Not Financial Advice)
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。