OPEN-SOURCE SCRIPT

Buy/Sell Alert EMA with SuperFormula by zdmre

Updated
*** Use it at your own risk

This indicator has 3 indicators and gives a buy/sell signal depending on the EMA.

3 indicators:
  • - Ichimoku
  • - Bollinger Band
  • - EMA


It also shows the value on the candle as a warning in the Buy and Sell signals. This value is calculated with a special formula I have created.

On the other hand Bollinger Band and Ichimoku Cloud are also included to check the accuracy of the signals.

For this indicator, I recommend a minimum of 4 hours chart.
Release Notes
v 2.0

-adding THEIL-SEN ESTIMATOR tbiktag (Thanks my friend)
-changing default EMA values to 8-20
Release Notes
Release Notes: v 3.0

-Adding Bitcoin Investor Tool: 2-Year MA Multiplier + 1-Year MA
-Adding Pi Cycle Top Indicator
Release Notes
Release Notes: Release Notes: v 4.0

-Adding KAMA Indicator
-Adding Cup Indicator
Release Notes
Max bar problem fixed.
Trailing Stop Loss improved.
"Show Buy/Sell Signals" added. Default value=true
"Show Calculation Values" added. Default value=false
Release Notes
Improved RSI, Sell Point, Calc Value Label.
Added "Show TrailingSTOP Prices" label.
Release Notes
Updated PineScript version 5
Added Pattern Trend Calculations (Fibonacci, RSI, DMI)
Added Flagging
Added ZigZag (HH-HL-LH-LL)
Added Tables
Added Advanced Patterns
and more
Release Notes
Removed KAMA,
Removed Cup,
Removed Pattern Trend Calculations (Fibonacci, RSI, DMI)
Removed Tables,

Added Advanced Patterns
Added Cup and Handle.

Optimization and Visual improvements.
Release Notes
Bug fixes.
Exponential Moving Average (EMA)exponentialmovingaveragesformula

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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Disclaimer