This simple indicator paints the zone between up to 3 different Moving Averages and Exponential Moving Averages.
For example:
The green zone is the price between the 50 EMA and the 50 MA .
The orange zone is the price between the 100 EMA and the 100 MA .
The red zone is the price between the 200 EMA and the 200 MA .
COLLAR - RSI MACD EMA
I created this "COLLAR" script by combining scripts from others.
Mentor Piet Vannoppen uses the COLLAR-technique in TC2000 to analyse charts. Because it didn't exist in TradingView, I created it. ; )
In the mean time my friend Vinpierke also created a script for the COLLAR-technique, in which he uses 4 colors.
Check these scripts. If you...
The trend is your friend.
Works well on 2hr TF which shows 30+60 ema from 8hr and Daily TFs.
Use a higher TF momentum indicator such as TRIX to confirm.
The indicator shows the crossing of the FastRSI line and the EMA (FastRSI ).
If FastRSI > EMA (FastRSI )- green background
If FastRSI < EMA (FastRSI ) - red background
This indicator can be used to filter other indicators in your trading strategy
This script lets you plot a simple or exponential moving average from a specific time frame that you can select. For example, if you always want the Daily 50MA on your chart, regardless of what resolution your chart is on, this will do it. It's also color coded to show if it's rising or falling.
Plot the daily and weekly EMA 10 on any timeframe.
The Daily EMA 10 is useful for helping a trader decide whether the price is overextended without switching back to the daily timeframe and losing focus. It will change colour to indicate which order the EMA 10 and EMA 20 is in.
The Weekly EMA 10 is useful for helping a trader decide whether to take a trade...
You must have missed some trading opportunities of MACD Divergence due to oversight. So I create and share this script to help u seize the chances.
This indicator is based on CM_MacD_Ult_MTF created by ChrisMoody.
Ehlers Instantaneous Trendline script.
This indicator was described by John F. Ehlers in his book "Rocket Science for Traders" (2001, Chapter 10: The Instantaneous Trendline).
