OPEN-SOURCE SCRIPT

EMA 50 HIGH LOW BAND

4 064
Hi

This indicator displays a band of EMA 50 having high and low of the same ema.

This script works well on 5 min chart or lower time frames in intraday.

When any price is above this band, you may consider a buy position and whenever any price is below this band, you may consider a sell position.

You may also take help of EMA 200, which is shown in red color. Whenever price is above EMA200, it is considered bullish and when ever it is below EMA 200, it is considered bearish.

This will remove a lot of noise from your chart.

I hope it helps.

Thanks

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.