OPEN-SOURCE SCRIPT

Double EMA + ATR Trend Follower

This indicator consists of a fast and slow EMA (default lengths are 50 and 9 periods) and an upper and lower ATR band. When combined, this combination gives traders an accurate picture of both trend strength and direction.

Users can modify the lengths of the fast and slow EMA , as well as the multipliers and length for the upper and lower ATR bands.
ATRatrbandsAverage True Range (ATR)BTCUSDExponential Moving Average (EMA)exponentialmovingaveragesTrend AnalysistrendtradingXBTUSD

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


-Profit Programmers
profitprogrammer.com
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