EMA bullish/bearish dashboard - MTF
This is a good reminder for which way you should be placing orders.
It's best to not ignore these signals!!!
lime = full bull - 100ema above 200ema and price is above 200ema
green = hallf bull - price now below 200ema but 100ema is still above the 200
maroon = full bear - opposite of full bull
red = half bear - opposite of half bull
Also with multi timeframe option - so I guess you could stack several of these on a single framed chart if you wanted.
It's best to not ignore these signals!!!
lime = full bull - 100ema above 200ema and price is above 200ema
green = hallf bull - price now below 200ema but 100ema is still above the 200
maroon = full bear - opposite of full bull
red = half bear - opposite of half bull
Also with multi timeframe option - so I guess you could stack several of these on a single framed chart if you wanted.
study(title="EMA bullish/bearish dashboard - MTF") //ema 1 len1 = input(100, minval=1) src = input(close, title="Source") ema1 = ema(src, len1) len2 = input(200, minval=1) ema2 = ema(src, len2) useCurrentRes = input(true, title="Use current timeframe?") resCustom = input(title="Timeframe", type=resolution, defval="5") res = useCurrentRes ? period : resCustom ema11 = security(tickerid, res, ema1) ema22 = security(tickerid, res, ema2) plot((ema11 > ema22 and close > ema22), title="Buy 2/2", style=columns, color=lime) plot((ema11 > ema22 and close < ema22), title="Buy 1/2", style=columns, color=green) plot((ema11 < ema22 and close < ema22), title="Sell 2/2", style=columns, color=maroon) plot((ema11 < ema22 and close > ema22), title="Sell 1/2", style=columns, color=red)