OPEN-SOURCE SCRIPT
EMA (3) MA (5) BB by Ismael R
📈 Moving Averages & Bollinger Bands Indicator - SMA & EMA MultiFrame
🔹 Description:
This indicator combines Simple Moving Averages (SMA), Exponential Moving Averages (EMA), and Bollinger Bands, providing a clear view of market trends and potential volatility zones.
🔹 Features:
✅ Includes 5 configurable SMAs (50, 8, 200, 20, 800 by default).
✅ Incorporates 3 configurable EMAs (45, 9, 200 by default).
✅ Implements Bollinger Bands with different standard deviation levels (2.0, 2.5, and 3.0).
✅ Ability to enable or disable each MA/EMA individually.
✅ Customizable colors for better readability.
🔹 How to use it?
📊 Trend Identification: EMAs and SMAs help recognize market direction.
📈 Dynamic Support & Resistance: Bollinger Bands indicate areas of high and low volatility.
⚡ Entry & Exit Signals: Moving average crossovers can signal potential trade opportunities.
🔹 Recommended Settings:
Short-term traders can use a combination of SMA (8, 20, 50) and EMA (9, 45).
Long-term investors can watch the SMA 200 and EMA 200 as macro trend indicators.
📌 Code available in Pine Script v5
Add it to your TradingView and enhance your technical analysis! 🚀
🔹 Description:
This indicator combines Simple Moving Averages (SMA), Exponential Moving Averages (EMA), and Bollinger Bands, providing a clear view of market trends and potential volatility zones.
🔹 Features:
✅ Includes 5 configurable SMAs (50, 8, 200, 20, 800 by default).
✅ Incorporates 3 configurable EMAs (45, 9, 200 by default).
✅ Implements Bollinger Bands with different standard deviation levels (2.0, 2.5, and 3.0).
✅ Ability to enable or disable each MA/EMA individually.
✅ Customizable colors for better readability.
🔹 How to use it?
📊 Trend Identification: EMAs and SMAs help recognize market direction.
📈 Dynamic Support & Resistance: Bollinger Bands indicate areas of high and low volatility.
⚡ Entry & Exit Signals: Moving average crossovers can signal potential trade opportunities.
🔹 Recommended Settings:
Short-term traders can use a combination of SMA (8, 20, 50) and EMA (9, 45).
Long-term investors can watch the SMA 200 and EMA 200 as macro trend indicators.
📌 Code available in Pine Script v5
Add it to your TradingView and enhance your technical analysis! 🚀
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.