BabyWhale83

EMA - Baby Whale

BabyWhale83 Updated   
This script will give you the 8, 13, 21, 55 and 200 EMA.
I carefully picked the colors so the EMA's are visible, but not irritating.
You can change the colors yourself if you want.

You can use the EMA to define the trend.

A good strategy that traders use is a 55 EMA crossover.
This means that when the 8, 13 and 21 all cross the 55 EMA you place a buy or sell order.
You close your position when the same thing happens on the other side.

Another great way that traders use these EMA's is to spot a Golden or Death cross.
When the 55 and 200 EMA cross and the 200 becomes support it means we're in a uptrend and vice versa.

If you want access, just send a message please.

Much love from Baby Whale!!
🙏❤️🐳
Release Notes:
I added the 100 EMA as well.
Works well on the 5m chart.

Good luck!!
Release Notes:
Added 24 period ATR to the script
Invite-only script

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