OPEN-SOURCE SCRIPT
Elder EMA, ATR & MACD Indicator, 5X Time Frame & Divergences.
Updated
This indicator is elaborated following the 3 window strategy described by Elder.
The fast, slow averages and MACD histogram are taken from a time frame 5 times higher than the active time frame and indicate bullish / bearish trends as well as divergences (bottom) of the hostogram with the price.
The fast, slow averages and MACD histogram are taken from a time frame 5 times higher than the active time frame and indicate bullish / bearish trends as well as divergences (bottom) of the hostogram with the price.
Release Notes
ImprovesRelease Notes
ImprovesRelease Notes
Add alert when price is in zone.Release Notes
ImprovesRelease Notes
Added impulse signalsRelease Notes
ImprovesRelease Notes
Added new alertsRelease Notes
Optimice for BTCRelease Notes
Adapted nameRelease Notes
Added sam financials date as Book Value and future value prevision.Release Notes
Remove financials date for more markets compatibility. I will public a new financial indicator.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 publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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