EMA Crossover Zone With BUY /Sell Signals.
This script is designed to help users indentify market trends and receive buy/sell signals using three Exponential Moving Averages (EMA) 12EMA 34 EMA and 144 EMA,The script includes the following functionalities:
1. Calculation and Plotting of EMA Lines
12 EMA (for Short-term trends),
34 EMA (for-medium-term trends),
144 EMA ( for Long-term trends)
2.Trend Zones Between EMAs :
Zone Between 13-34 EMA : Green bullish trend, Red bearish trend
Zone Between 34-144 Blue bullish trend in the long term , Orange bearish trend on long term
3.Crossover Signal "Buy" signal "sell" signal
1. Calculation and Plotting of EMA Lines
12 EMA (for Short-term trends),
34 EMA (for-medium-term trends),
144 EMA ( for Long-term trends)
2.Trend Zones Between EMAs :
Zone Between 13-34 EMA : Green bullish trend, Red bearish trend
Zone Between 34-144 Blue bullish trend in the long term , Orange bearish trend on long term
3.Crossover Signal "Buy" signal "sell" signal
Comment
This script aids traders in analyzing market trends by considering price movements in relation to the EMAs. The Buy/Sell signals displayed on the chart can help inform trading decisions, making it a valuable tool for technical analysis.
Disclaimer
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