OPEN-SOURCE SCRIPT
Exponential Moving Average (Set of 3) [Krypt] + 13/34 EMAs
I took Krypt's script and essentially added on to it.
the 20/50/100/200 EMAs should be used together as support and resistance as normal.
Twitter: AzorAhai06
the 20/50/100/200 EMAs should be used together as support and resistance as normal.
- Wait for price to break 200 EMA
- Wait for 50 EMA to cross 200 EMA
- Wait for pullback to 50 EMA to open position
20 and 100 EMAs are for extra information about moving support and resistance
and 13/34 EMAs should be used in conjunction - When 13 EMA crosses 34 EMA, open position
- When price gets far from 13/34, close position (because price will attempt to revert back to mean)
This is better for scalping and swing trades than the 20/50/100/200 setup.
Twitter: AzorAhai06
Open-source script
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