This script is based on exponential moving average strategy, or EMA strategy, is used to identify trends on the chart.
When EMA 20 and 55 are above EMA 200 and EMA 20 is green, this shows an uptrend, good for a long.
When EMA 20 turns red then it's time to sell.
Stolen from Madrid Moving Average Ribbon : 2.0 : MMAR
madridjourneyonws.blogspot.com
Adapted for 4H optimal EMAs
This plots a moving average ribbon, please use the exponential not the standard.
It is based on a constant calculation of the most profitable EMAs to trade on the 4H time frame for Ethereum!
Thus the values will be updated with time as they change.
As...
//
// Stolen from Madrid Moving Average Ribbon : 2.0 : MMAR
// madridjourneyonws.blogspot.com
// Adapted for 4H optimal EMAs
//
// This plots a moving average ribbon, please use the exponential not the standard.
// It is based on a constant calculation of the most profitable EMAs to trade on the 4H time frame for Ethereum!
// Thus the values will be updated with...
El gráfico de volumen por defecto determina el promedio del volumen asignando el mismo peso o importancia a los volúmenes del rango de días, con FIBOLUME se asigna un peso o importancia mayor y de forma incremental a los últimos precios y asignando menos pesos o importancia a los mas antiguos. en algunos casos un gran volumen de un día afecta mucho el promedio de...
Here's a standard RSI with an EMA added on the RSI. I've added horizontal lines for the middle and a middle zone and then also added background fills for the zones.
