Overlay the 8- and 20-period exponential moving averages.
Also known as an exponentially weighted moving average, the EMA gives more significance to recent periods compared to an SMA (simple moving average).
Learn more about the EMA on Investopedia
(This indicator was designed for the BTC index chart)
Designed for Bitcoin. Plots the log of the close/20W SMA with a linear offset m*t, where m is the gradient I've chosen and t is the candle index. Anything above 1 is a mania phase/market cycle top. If it peaks around 0.92 and rolls over, it could be a local/market cycle top.
This will obviously not work at...
I've combined the 20, 50, and 200 day exponential moving averages and added labels.
I created this due to finding EMA scripts that are either nothing but ugly to look at or have extra "features" that serve no purpose.
This gets rid of the clutter and gives a simple triple EMA with labels.
Labels are optional, you can turn them off in the settings.
1) Popular EMA cross over combined as on indicator daily time frame
2) 5-8-13 for Swing 3EB- Bullish 3ES - Bearish
3) 20-200 EMA Cross over called as multi-bagger cross over with an inverted triangle in a smaller period of time
MEB - Bullish 20 ema crossed 200 ema, MES - Bearish vice versa
4) Simultaneously 20 50 are plotted in the graph as user input can be...