Phicube EMASAR ( EMA Support and Resistance )

15 Nis 2020

Indicator based on the Concept created by Bo Williams. But unlike the original that uses MIMAs, EMAs are used here.

Exponential moving averages will be shown according to fractal alignment, in order to show the important support and resistance levels ( SAR ).

When the fractals are aligned to become support,
we will have the EMA in the graph with a bright color.

When the fractals are aligned to become resistance, we will have EMA in the graph with a matte color.

Available exponential moving averages: 17,34,72,144,305,610,1292 and 2584

____________________________________________________//_____________________________________________________________________


Indicador baseado no Conceito criado pelo Bo Williams. Mas diferente do original que utiliza MIMAs, aqui é utilizado EMAs.

As médias móveis exponenciais serão mostradas de acordo com o alinhamento dos fractais, com objetivo de mostrar os níveis importantes
de suporte e resistência( SAR ).

Quando estiver com os fractais alinhados virando suporte, teremos no gráfico a EMA com uma cor em tom brilhante.

Quando estiver com os fractais alinhados virando resistência, teremos no gráfico a EMA com uma cor em tom fosco.

Médias móveis exponenciais disponíveis: 17,34,72,144,305,610,1292 e 2584

16 Nis 2020

Sürüm Notları

In this update, I found it interesting to add the option to draw exponential moving averages even if they are not being support or resistance according to the fractal alignment.

The difference is that they will be drawn with crosses, by default and with an opacity of 80% (this can be changed as you prefer).
I hope it can be useful for everyone

____________________________________//________________________________

In this update, I found it interesting to add the option to draw exponential moving averages even if they are not being support or resistance according to the fractal alignment.

The difference is that they will be drawn with crosses, by default and with an opacity of 80% (this can be changed as you prefer).
I hope it can be useful for everyone.