Firstly, 100% of the credit goes to Greg Morris @ Stockcharts.com for the article detailing the concept and most of the settings/components. I've simply implemented his idea. I haven't sought permission from him, but given that he was open with the components of the indicator I'm assuming he's happy for me to go ahead and code this in pinescript. See the article...
This indicator consists of a fast and slow EMA (default lengths are 50 and 9 periods) and an upper and lower ATR band. When combined, this combination gives traders an accurate picture of both trend strength and direction.
Users can modify the lengths of the fast and slow EMA , as well as the multipliers and length for the upper and lower ATR bands.
This is just a script that will cover you if you like to use EMAs, I put three EMAs plus a still-configurable EMA 200 in case you use a different big value, say 100 or anything.
Enjoy!
This is an indicator with 4 moving average slots and 6 exponential moving average slots
It also has bollinger bands and a volume weighted moving average slot
Feel free to edit this and add/remove some and publish your own
Here is a very simple script for Triple EMA that adds 3 EMA's of your choice to the chart consuming the space for only one indicator.
This is especially helpful to free users with a limit of 3 indicators per chart.
Introduction
Another lsma estimate, i don't think you are surprised, the lsma is my favorite low-lag filter and i derived it so many times that our relationship became quite intimate. So i already talked about the classical method, the line-rescaling method and many others, but we did not made to many IIR estimate, the only one was made using a general filter...
All the moving averages you'll ever need!!!
5 EMAs
5 SMAs
3 static EMAs
3 static SMAs
Static EMAs and SMAs are shown on every timeframe. For example, you can set static EMAs or SMAs to show 21 day EMA on 1 hour chart or for example 50 week SMA on 1 day chart, or 200 4 hour EMA on 5 minute chart and so on, possibilities are endless!!! Plus standard 5 EMAs...
