OPEN-SOURCE SCRIPT
Updated Buy/sell EMA Crossover with 5 ema Ribbon
The indicator has 2 indicators in 1, based all on customizable ema's. The main ema signal indicator is customizable for the length , at the ema crossover the indicator will plot the main (biggerarrow )buy or sell signal when the crossover happens and plot(smaller) directional arrows on all the following candles after the crossover, this helps with the visuals for the main trend. The 2nd indicator is a also customizable ema ribbon that will help in the trend direction.(ex: you can plot larger length ema's for better visual of the main on any timeframe. The indicator is designed for easy ema visuals with background trend color change, and color change on the main 2 ema crossover for easy detection of the price trend.
Release Notes
This update to the indicator will now plot the supertrend indicator with customizable options and plots a small white dot on the real price close of every candle, this is convenient visually and if you are using heiken ashi candles Release Notes
This indicator has 4 different tradingview indicators in one. Added the popular supertrend indicator, added a multi-timeframe trend table. Including the 2 ema crossover indicator and the moving average ribbon all 4 indicators are fully customizable to your likings, The color opacity on all the indicators are also fully customizable for easy trend identification. The main goal of this multi-indicator is to keep you on the right side of the price trend.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.
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.
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.