CRYPTO Trend Direction Multiple EMA's

Today I bring an indicator specialized in crypto markets.

Its made of multiples EMA : very fast, fast, normal, slow, very slow

The logic behind its simple :

For long : we check that the EMA are in ascending order like EMA 5 > EMA 10 > EMA 20 .... and at the same time that last close of candle is above all of them.
For short : we check that the EMA are in descending order like EMA 5 < EMA 10 < EMA 20 .... and at the same time last close of candle is below all of them.

It can be used with all time frames.


Enjoy it !