HPotter

2/20 Exponential Moving Average

This indicator plots 2/20 exponential moving average . For the Mov            
Avg             X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met.
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
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////////////////////////////////////////////////////////////
//  Copyright by HPotter v1.0 15/07/2014
// This indicator plots 2/20 exponential moving average. For the Mov 
// Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met.
////////////////////////////////////////////////////////////
study(title="Strategy 2/20 Exponential Moving Average", overlay = true)
Length = input(20, minval=1)
xPrice = close
xXA = ema(xPrice, Length)
nHH = max(high, high[1])
nLL = min(low, low[1])
nXS = iff((nLL > xXA)or(nHH < xXA), nLL, nHH)
plot(nXS, color=blue, title="XAverage")
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Could you change the background to white when you publish so we can see the indicator better?
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