[bjb] tEMAs - Triple Exponential Moving Averages, by BlueJayBird — Indicator by BlueJayBird

movingaverage ema dynamicsupportandresistance

Is it not a pain in the butt not to find a simple script like this one in TV? I didn't find one, so I made it.

Features:
- Simple script with 3 simple Exponential Moving Averages.

Special features:
- Settable time resolution.
- Colored fill between EMA20/50 pair, and between EMA50/200 pair.

More useful than you think:
- I've found it specially useful for detecting Elliot Wave patterns. The fill colors make them stand out. Use EMA20/50 pair for this.
- The resolution change makes EMAs studies from higher timeframes, at lower time frames, more accurate. Try from 1m timeframe, setting the tEMAs resolution to 1h.

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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

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.

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