OPEN-SOURCE SCRIPT

Multiple EMAs

Updated
A Simple multiple EMAs
Release Notes
Some pleasing colors
Release Notes
  • Turned off EMA5 by default and bolded EMA4
Release Notes
  • Default turn off show deviations
  • Handle label refresh issue
Release Notes
  • Added offset parameter
  • Reshuffled input box
  • Added tooltips
Release Notes
  • Added Pocket Pivot labels

Pocket Pivot concepts are well documented on the internet.
Release Notes
  • Default Pocket Pivot Off
Release Notes
  • Pocket pivot only on green candles
Release Notes
  • Updated Pocket Pivot
  • Changed default color of EMA2

Now, it is possible to only consider volume of down days for seeing positive volume action on current bar. Also, by setting grace% to 0, it is possible to exclude "tight pricing" around the pivot point length.
Release Notes
  • Cosmetic changes to mark Pocket Pivots

Colour change, possible to hide the text "Pocket Pivot"
Release Notes
  • Version 5
  • Fixed Timeframe EMA

Convert to version 5 of pine script
Fixed Timeframe EMA
Possible to add one EMA of a different timeframe than the current selected on the main chart. This helps in scenarios, when one wishes to say place a stop loss of lower timeframe (say daily) when observing the weekly charts and so on.
Release Notes
  • Added tight close
  • Cosmetic fix for fixed EMA input
Release Notes
  • Added a color trend on the fixed EMA.
Exponential Moving Average (EMA)

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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