OPEN-SOURCE SCRIPT
Lençol (Bedsheet)
A set of modified EMA. The period is the same, the coeficient of claculation of the moving average is diferent.
Interpretation
Under the white line look for a sell when the price crossunder all others lines or in a retracment.
Obove the white line look for a buy when the price croosover all others lines or in a retracment.
//--------------------------
Interpretation
Under the white line look for a sell when the price crossunder all others lines or in a retracment.
Obove the white line look for a buy when the price croosover all others lines or in a retracment.
//--------------------------
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.
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.