This is an assistive chart for the TB! Fibonacci Elliot Wave Oscillator indicator
It incorporates Fib Based fractalized GMMA , Liquidity Pool Theory and VWap based resistance zones.
-=The Script=- Tradingviews #1 Custom Alert Script -non repaint-
The Script has been developed for over a year now, always striving to build the most efficient and highest ROI script on the market. This script has been designed for trading Bitcoin, but has now been expanded to being very efficient on most market types, including forex and altcoins. The ability...
Credit goes to Shizaru for the original calculation. I made just a few fixes, so that the calculation is really that of Ehlers.
Fixed H2 and L2 period, fixed w natural logarithm
etfhq.com
Overall the D-AMA produced results that were near identical to that of the FRAMA but the D-AMA is a slightly faster average.
It is very difficult to pick between the FRAMA and the D-AMA but becuase the FRAMA offers a slightly longer trade duration it the best Moving Average we have tested so far.
Ignore the other one (it contains some errors).
On this FRAMA you can play with length, SC and FC.
Just read on below links to understand more about this super useful moving average:
etfhq.com
etfhq.com
www.quantshare.com
Settings:
FRAMA: blue line, SC = 252, FC = 40, length = 252
EMA: orange line, length = 50
FRAMA seems to be the evolution of the current and much-used EMA. The basic strategy is simple: long if the price crosses up the line, short or exit if vice versa.
The main difference between EMA and FRAMA is that the first one seems to lag much more than the first...
![NEOBTC: [Single] Heartbeat_Live](https://s3.tradingview.com/x/xV4kJ3yF_mid.png "[Single] Heartbeat_Live")
