OPEN-SOURCE SCRIPT
Rayner Teo's EMA Setting
Collection of Indicators for Rayner Teo's Strategy
- Displays the 20, 50, and 200 EMAs.
- Highlights the bar when the price enters the area between the 20 EMA and the 50 EMA.
- A green signal appears when the 20, 50, and 200 EMAs are aligned.
- A red signal appears when the price crosses down the 20 EMA during a bullish trend.
- The dim steplines below and above price bar show the 1.5 x ATR(20) used for stop loss.
- Displays the 20, 50, and 200 EMAs.
- Highlights the bar when the price enters the area between the 20 EMA and the 50 EMA.
- A green signal appears when the 20, 50, and 200 EMAs are aligned.
- A red signal appears when the price crosses down the 20 EMA during a bullish trend.
- The dim steplines below and above price bar show the 1.5 x ATR(20) used for stop loss.
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.
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.