OPEN-SOURCE SCRIPT
Updated EMA - Baby Whale
This script will show you the 8, 13, 21, 55, 100 and 200 EMA .
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!!
🙏❤️🐳
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
updated chartRelease Notes
Added 24 period ATR.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.