Sick of having to pull up tons of charts to check the moving averages on various time frames? Me too, so I decided to make the "Ultimate Multi Time Frame Moving Averages" overlay.
So what's it do? Simple. It allows you to plot moving averages from other time frames on your current chart. There's a bunch of built in MA's, and I also added space for two custom SMAs...
Hello here is the Alert Setup of my Strategy EMA Watson, I published a backtest version on my profile two days ago.
The big triangles correspond to the buy/sell alerts.
I give access for free, just leave a comment.
More info about the script, such as inputs description, how to configure the script, strategy explanation, alert configuration can be found here :...
Color Change if above or below EMAs / Ribbon
StokedStocks EMA / SMA Ribbon 9 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 200
EMAs Color Change if above or below EMAs / Ribbon
Lime : Uptrending; Long Bias
Green : Dip Buy / ReEntry or downtrend reversal warning
Red : Downtrend. Short Bias
Maroon : Short Reentry (sell the peak) or uptrend reversal warning
This script is private and for only personal use only.
This script includes 4 adjustable EMA's, 4 adjustable SMA's, and Bollinger Bands all wrapped up in to one indicator. This is not a single gold indicator for greatness, you should compare with other indicators in your toolbelt to confirm a buy or sell. Also don't forget about your stop-losses, and remember 2%...
This script uses moving average crosses together with momentum to try to optimalise entry and exit, based on the market info at that time.
It works best on the 5 minute chart, and pyramiding will increase profit - but lower the profit factor. Based on testing, it works with the most major currency pairs as well as commodities.
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.
1st moving average is a Exponential Moving Average - designed to show short-term and medium-term trend quickly
2nd moving average is a Simple Moving Average - designed to show medium-term trend and less susceptible to fakeouts
3rd moving average is a long Simple Moving Average - designed to show the long-term trend and overall trend of the instrument
This EMA script has multiple EMA's in one - 4 at the key Fibonacci levels (8,13,21,55) and 2 additional at 100 & 200 period counts. I've found this script to be extremely helpful to determine when to open or close positions - mostly using the 55 EMA as they key indicator and watching for the other 3 Fib MA's to cross over the 55 as a signal of a market shift. ...
This indicator is a combination of Money Flow Volume with an Exponential Moving Average of the MFV and a Standard Deviation.
The default setup is better suited for the 1H timeframe.
The indicator shows Money Flow Volumes in bars positive and negative, an area which is the EMA of MFV of (20 default) periods, and the STDEV of that EMA (2 default multiplier/factor),...