OPEN-SOURCE SCRIPT
Updated

EMAs 20 - 40 - 100 - 200

75


This script contains the 20-40-100-200 EMAs.
EMA (Exponential)

Best for active or short-term trading because:

It adjusts more quickly to recent price changes.

It allows for earlier detection of trend reversals.

It is preferred by traders who trade calls and puts for a few days or weeks.

Example:

On 15-minute, 1-hour, or daily time frames, the 20-EMA or 40-EMA gives you early signals to open or close options.

It is good for momentum trades or quick breakouts.
Release Notes
This script contains the 20-40-100-200 EMAs.
EMA (Exponential)

Best for active or short-term trading because:

It adjusts more quickly to recent price changes.

It allows for earlier detection of trend reversals.

It is preferred by traders who trade calls and puts for a few days or weeks.

Example:

On 15-minute, 1-hour, or daily time frames, the 20-EMA or 40-EMA gives you early signals to open or close options.

It is good for momentum trades or quick breakouts.

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