this is 5 differnet EMA (Exponential Moving Averages) based on basic moving averages and this is mixed-up with 5EMA's. this is developed or assembled by OIKIO the bull-bear Traders... this is a basic understanding and basic study for all the beginners and also for experienced, that this 5EMA showing differnet 5EMA's on a single chart.
this indicator is just for idea that where the market trend is there. this is only for educational and basic idea purpose. this indicator which combines 5 EMA's.