EMA Scenery

11 Eyl 2021

Personal experiment using simple ema calculation to create a scenery of "mountains".

1. First mountain ( darker opacity ) = ema5 - ema20
2. Second mountain ( medium opacity ) = ema20 - ema50
3. Third mountain ( light opacity ) = ema50 - sma200

There's no buy or sell signal from this indi. But we can see the overall trend reflects by the mountain highs and lows which can be used as a guide to see the big pictures of how the stocks move.
This is my 1st stage and I plan to improve it in the next stage.

Examples of how the indicator look is as below :
Downtrend Chart
https://www.tradingview.com/x/vlsFrEBI/

Uptrend Chart
https://www.tradingview.com/x/OuYeLQOp/

Uptrend Trend change to Down Trend
https://www.tradingview.com/x/1mw8V836/

24 Eyl 2021

Sürüm Notları

Added Golden Cross (GC) Signal :
- GC act as a positive sign that counter will be moving higher.
- represented by the green circle
- new Table Info when GC happens

There are 4 GC included :
GC1 = crossover ema5 and ema10
GC2 = crossover ema10 and ema20
GC3 = crossover ema20 and ema50
GC4 = crossover ema50 and sma200

11 Haz 2022

Sürüm Notları

Added Golden Cross (GC) and Death Cross (DC) Info at Tabel on the right :

i. Golden Cross
GC1 = crossover(ema5, ema10)
GC2 = crossover(ema10, ema20)
GC3 = crossover(ema20, ema50)
GC4 = crossover(ema50, sma200)

ii. Death Cross
DC1 = crossunder(ema5, ema10)
DC2 = crossunder(ema10, ema20)
DC3 = crossunder(ema20, ema50)
DC4 = crossunder(ema50, sma200)