In my opinion best EMA Trendlines there is, simple yet very reliable on any time frame, i found the version that had 8-13-21-55, so i decided to add 100 and 200 for higher time frames enjoy please share and like
This indicator is mostly the same as other RSI+EMA indicators, the relevant difference is that it uses three EMAs instead of one.
The additional two EMAs can act as support/resistance and tell how strong a move is (eg. 'Williams Alligator'). It provides the same utility any MA does.
Common moving addresses often act as support and resistance levels. This script will incorporate four (2 exponential and 2 simple ) moving averages. The default are lengths of 8, 20, 50, and 200. These are adjustable. Many of us are aware that these areas often tend to be supply / demands zones. We are also aware that movement around these areas can fluctuate...
I use DEMA and Price difference in many strategies and and trade.
Finally , ı wanted to build an indicator for relation between them.
It calculates the percentage of difference between price and dema and estimates deviation from the main trend.
Formula = (price-dema)/price*100
There is some parameters;
DEMA Length is length of dema , ı think...
Hi guys ^^
This script combine all Philakone EMAs plus i added death and golden cross MAs which is ( 200 MA + 50 MA ) plus 100 MA
You can fully customize all moving averages MA EMA show or hide or change color or thickness and ofc 0.79% play with source code :)
BTC tip :
This script allows you to add up to four simple and exponential moving averages the the chart instead of adding 4 simple moving averages and 4 exponential moving averages individually.
The stronger lines are SMA's and the thinner lines are EMA's.
White - "1st SMA" and "1st EMA"
Green - "2nd SMA" and "2nd EMA"
Blue - "3rd SMA" and "3rd EMA"
Red - "4th SMA" and...
Here you can have 4 EMA on one indicator. The inputs are for 8, 13, 21 and 55 previous open&close which are from Fibonacci sequence.
How to : To use the script, click on "Add to Favourite Scripts", then load the script from Indicators on the Chart.