Moving Averages: Used to smooth data and identify a trend Help in identifying S&R levels Can be predicting indicators Many bots use this for their trading strategy, follow their trades MA Crosses are signals Converging MAs = Consolidation. Expect volatility on resolution Use of 50/200 MAs 50 crossing over 200 = Golden Cross 200 over 50 = Death cross 200 EMA is...
Plots Daily and Weekly 10 & 5 EMAs (but fully customizable to your own). In addition to plotting the EMAs it color coordinates trend bias and has cross confirmation signals. Philosophy and how to read: I use this indicator when trading strictly on the daily timeframe. I have not tested it on other timeframes. In my trade system I start with both the monthly...
Hi all, This is a simple indicator that plots 5 EMA lines of your choice to the screen. Can be used to trigger scalping Bots (stoploss around 0.5% recommended, take profit 1% or higher, please backtest!) Also can be used for manual scalping, 1 or 2 candles at a time. Features: 1) Alerts are triggered when EMAs 1 (Signal line) and 2 (Baseline) cross - a Long...
Emas Teo Zuñiga is programmed by Ruben Jaramillo This trading system analyzes the crossover of two exponential moving averages (period of 8 and 18) to generate buy and sell signals. The strategy opens a buy position when the 18-bar moving average crosses above the 8-bar moving average and only if the same crossover occurred at least once during the previous 20...
12, 26 and 55 EMA with Crosses feel free to edit :)
The crossing of moving averages can help you determine the tendency of an instrument to trade. The script has two configurable moving averages that will help you determine the trend and then take advantage of it in your strategy. Remember to use the alerts.
This revision of this indicator is an Open Public release. The indicator alert based on JayRogers "Open Close Cross Strategy R2" and is used in conjunction with the revised "Open Close Cross Strategy R5". Description: This indicator alert created for TradingView alarm sub-system (via the alertcondition() function, which currently does not work in a ...
This revision is an open Public release, with just some minor changes. It is a revision of the Strategy "Open Close Cross Strategy R2" originally published by @JayRogers. *** USE AT YOUR OWN RISK *** JayRogers : "There are drawing/painting issues in pinescript when working across resolutions/timeframes that I simply cannot fix here.. I will not be putting any...
Plots the 20, 50, and 100 Period EMAs by default. Lengths and colors can be changed. Ideal for identifying buy/sell signals.