4 Exponential Moving Averages + One Extra for 1D Charts — Indicator by vitalizzy

Support and Resistance Exponential Moving Average (EMA)

4 Exponential Moving Averages + One Extra for 1D Charts

I use 4 EMAs for my 1 hour and 4 hours Chart.

Additionally for 1D Charts, sometime i need to use 9 EMA. Now is in place. Enjoy it!

I used them only for support my analisys based on Elliot Waves and Fibonacci projections and Retracements, which are my main strategy.

Release Notes:

Updated 4EMAs

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.

Disclaimer

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