Scalping + Swing Trade MA's

Short term and long term trend changing indicator

5 ema
8 sma
21 ema
55 ema

study("Scalping + Swing Trade MA's", overlay=true)
plot( ema (close, 5), color=blue, linewidth=3, title='5 Day EMA')
plot( sma (close, 8), color=red, linewidth=3, title='8 Day SMA')
plot( ema (close, 21), color=blue, linewidth=3, title="21 Day EMA")
plot( ema (close, 55), color=red, linewidth=3, title="55 Day EMA")
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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