This script will give you the ability to put an EMA and/or SMA on the chart that changes color based upon the direction. Default at startup is EMA visible and SMA hidden. When the MA is moving up, it is green. When the MA is moving down, it is red. You can change the color to whatever you like.
This script automatically calculates the divergence between your favorite exponential moving average and the current price (13 ema default).
Additionally, it displays the area in yellow once the first threshold gets reached (1.5% divergence default) and in red once the second threshold gets reached (1.5% divergence default).
This is a good reminder for which way you should be placing orders.
It's best to not ignore these signals!!!
lime = full bull - 100ema above 200ema and price is above 200ema
green = hallf bull - price now below 200ema but 100ema is still above the 200
maroon = full bear - opposite of full bull
red = half bear - opposite of half bull
Also with multi...
This script plots a higher timeframe EMA to your chart.
You can specify the timeframe and the length of the EMA in the settings.
This chart demonstrates the 5-minute 50EMA (black) combined with the 1-hour 50EMA (colored) on the 1 minute timeframe.
Here is a script to know when big dumps, and pumps, are happening.
Meant for crypto (I know that's what most people are interested in - it's a mistake) and small caps.
Might work for other things have not...
The script was designed for the purpose of catching the rocket portion of a move (the edge of momentum).
--When RSI closes over 60, take long order 1 tick above that bar. The closed bar above RSI 60 will be colored "green" or whatever color the user chooses. (RSI > 60)
--On a long position, exit will be a closed bar below the ema (low, 10) . The closed...
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...
This EMA allows you to specify a time-frame for the price used to calculate the moving average. For example, you can create 1 hour EMAs on your 5 minute chart.
NOTE: This indicator only works on intraday charts. The time-frame specified for the indicator must be greater than or equal to the time-frame of the chart.