AzorAhai06

Exponential Moving Average (Set of 3) [Krypt] + 13/34 EMAs

I took Krypt's script and essentially added on to it.

the 20/50/100/200 EMAs should be used together as support and resistance as normal.
  • Wait for price to break 200 EMA
  • Wait for 50 EMA to cross 200 EMA
  • Wait for pullback to 50 EMA to open position


    20 and 100 EMAs are for extra information about moving support and resistance

    and 13/34 EMAs should be used in conjunction

  • When 13 EMA crosses 34 EMA, open position
  • When price gets far from 13/34, close position (because price will attempt to revert back to mean)

    This is better for scalping and swing trades than the 20/50/100/200 setup.


Twitter: @AzorAhai06

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?