The Power Indicator is intended to return some exponential moving average, vwap, volume bar, and others. With this compilation, you will be able to use them as one indicator in Trading View.
The components are:
- EMA9 - Exponential Moving Average of 9 days - EMA21 - Exponential Moving Average of 21 days - EMA50 - Exponential Moving Average of 50 days - EMA200 - Exponential Moving Average of 200 days
- Volume Bar - This indicator provides the volume of the candle and its strength by showing different colors. It's a way to check expressive volume in one bar.
Could this be a strategy? I think it's great! Been waiting for it to hit the shelves, thanks a lot
Willthebill
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thank you for this indicator. I can't see to get the buy/sell alert to go off. Any suggestions?
debashis07
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Hi Thanks for the script but I am looking for an alert which is based on two assets. When same condition meets on two assets then alert triggers.. example- triggers alert when any of below condition meets on BTCUSD and ETHUSD if high is lower than 5 ema (for both assets on same time frame) if low is greater than 5 ema (for both assets on same time frame)