OPEN-SOURCE SCRIPT
8 EMA & 5 SMA Combo
A combination of 8 EMA & 5 SMA to use with more advanced MA strategies and de-cluttering of indicator list.
To identify lines, Color combination should be somewhat warmer/lighter to cooler/darker colors.
EMA have a thicker line than the SMA. Color pairs have lighter/darker in cases where there are slight variations (when using one over another).
To identify lines, Color combination should be somewhat warmer/lighter to cooler/darker colors.
EMA have a thicker line than the SMA. Color pairs have lighter/darker in cases where there are slight variations (when using one over another).
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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