OPEN-SOURCE SCRIPT
Updated Michael's EMA
[private] This indicator uses Michael's EMA breakout strategy to help you spot trends. It focuses on the EMA 12 and 21 crosses, when the lines cross they change color from green to red or red to green. This color switch makes it super simple to know which way the trend is going. Once you figure out the trend direction, you can use this info to find trades using Michael's breakout strategy.
Release Notes
Added the mult-timeframe functionality as per fellfyet's request.Long live TRW/TWR and the Tate brothers!
Happy new year everyone! Wish you lots of successful and profitable trades!
Release Notes
I removed the default 4h timeframe setting, now the default setting is that the indicator matches the timeframe the chart is set to.GM
Release Notes
GMRelease Notes
GM GM GMOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.