VWMA / SMA / TEMA Difference

2021년 6월 4일

This Study try to simulate Weakening and Strengthening trends on Bear(down) or Bull(up) movements.

It looks to VWMA - TEMA trend for Bull / Bear trend and looking for SMA - VWMA trend for Weak / Strong trends.

On default settings Line shows the difference between VWMA - TEMA and Columns show difference between SMA - VWMA. Suggesting to use this script for 5m intervals.

This is a personal work of mine. Using this script and taking decisions regarding to this script is only and only under responsibility of the trader!!!

2021년 6월 15일

릴리즈 노트

I am back with new update. After presenting interactions between TEMA - SMA - VWMA, it's time to add EMA 200-50 interactions to the chart. It currently shows the gap between EMA 200 and EMA 50. As we know it is also critical to follow up long term of the moving averages. So with this addition people can see the gap and trend of this gap. In most of the long term market analysis this gap considered as a major risk points. especially if this gap drops to negative. (Mean Death Cross) which commonly shows that trend is going downward.

Taking any action beside with this chart is under responsibility of trader. These kind of signals are only SIGNALS. They give warnings about POSSIBLE but NOT EXACT trends.
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Merhaba tekrardan. Calismalarimiza hizla devam ediyoruz. TEMA - SMA - VWMA arasindaki 3lu baglantiyi gosteren yapimiza bir de EMA 200 - EMA 50 farkini gosteren yapimizida ekledik. Buradaki amacimiz aslinda suydu. Gunluk bazda EMA 200 ve EMA 50'nin kesisimleri aslinda hareketli ortalamanin ivmesini belli eden bir gosterge. Genel anlamda bu gosterge bizler 200 mumluk uzun donem hareketin, 50 mumluk kisa donem hareketin farkini belirtir. Bu iki degerin yonleri bize kesinlik vermese de belli bir trendin olustugunu isaret eder.

Genelde EMA 50, EMA 200'un altina dogru hareket ederek keserse birbirlerini DEATH CROSS denilen bir yapi olusur. Bu yapida bize kisa vadede asagi yonlu hareket ettiginin sinyalini verir.

Bu verilere bakarak islem yapmak yine sizlerin sorumlulugundadir. Kullanilan her bir gosterge belli basli gerceklikler sunsada kesinlik yoktur.

2021년 6월 25일

릴리즈 노트

- Added EMA 21-55 difference to see short period movement analysis
- Coloring offset had been changed to previous value to follow up the trend easier.
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- EMA 21-55 fark hesaplamasi eklendi kisa vadeli hareket analizi yapabilmek adina.
- Renk sematigi 0 degeri yerine bir onceki degere gore belirlenecek sekilde degistirildi. Genel anlamda trend takibi yapilmasi adina daha kolaylik saglayacaktir.

2021년 7월 1일

릴리즈 노트

Coloring scheme had been changed according to colors in EYMAs script.

2021년 8월 10일

릴리즈 노트

Coloring had been fixed on Ema200 - EMA 50 differentiation

2022년 7월 14일

릴리즈 노트

Trend followup had been changed to table. This will fix the issue about overwriten texts for trends.

2022년 7월 20일

릴리즈 노트

Wrong status display issue had been fixed.

2023년 1월 10일

릴리즈 노트

• Switched to Pine Script V5.
  
• Changed the Bull/Bear Showing algorithm
  
• Added Missing information about Weakining Bear