#New Study
Hi guys, i just started studying the multi EMA, and i want to explain it to you.
As you can see there are too groups of EMAs the first group (violet) represents short term investors ( traders ), as the white group represents Investors what we can see is that when bands in come together you can expect volatility.
We also, can argue that investors (white) when they get together they influence bigger moves. When the violet group is above the white one, we are in presence of a bullish move. so here we can see traders (short term violet band) got close as the white one is getting closer too, so we can suggest there will be something changing. Also, when the bands have space between them, we don't have a lot of changes in price. I will add more things to this study as i will learn more about it the configuration of the EMAs is always the same, this system is very nice to visualize the market with not much difficulty and see changing periods.
Hi guys, i just started studying the multi EMA, and i want to explain it to you.
As you can see there are too groups of EMAs the first group (violet) represents short term investors ( traders ), as the white group represents Investors what we can see is that when bands in come together you can expect volatility.
We also, can argue that investors (white) when they get together they influence bigger moves. When the violet group is above the white one, we are in presence of a bullish move. so here we can see traders (short term violet band) got close as the white one is getting closer too, so we can suggest there will be something changing. Also, when the bands have space between them, we don't have a lot of changes in price. I will add more things to this study as i will learn more about it the configuration of the EMAs is always the same, this system is very nice to visualize the market with not much difficulty and see changing periods.