OPEN-SOURCE SCRIPT

EMA Enveloper Indicator & a crazy prediction

191 026
EMAEnvelope indicator does just that, draws a nice user-defined period EMA envelope (overlay).

It also can highlight the Bull/Bear breaks using different colors
- Green : High > EMA_HIGH
- Lime : (High > EMA_HIGH) and (Low > EMA_HIGH)
- Orange : Low < EMA_LOW
- Red : (Low < EMA_LOW) and (High < EMA_LOW)

Background highlighting is user-configurable.

Now to the (crazy) prediction: Based on a 100-period EMAEnvelope, we may have to go down to ~427.3 before starting turning Green. Look at the 2 Orange/Red areas highlighted.

EMA 200 tells us a different story, BTW.

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.