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JRL_6

5/13/62 EMA Clouds

JRL_6 Updated   
Moving Averages Exponential Moving Average (EMA) robbooker clouds 5-13-62 51362 scalping scalp scalptrading booker
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movingaverage ema robbooker clouds 5-13-62 51362 scalping scalp scalptrading booker
This indicator is an adaptation of Rob Booker's 5/13/62 strategy, with the addition of shaded clouds to help visualize when momentum is shifting and entry and exit points are near.

When the 5 EMA crosses the 13 EMA upward, it signals a bullish move, and it is extremely bullish when it crosses the 62 EMA. When the 5 crosses downward, it signals a bearish move.

This indicator also overlays RSI and ATR lines below for additional confirmation of signals.
Release Notes:
Minor fix
Release Notes:
Update
Release Notes:
Default colors/shading opacity
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