OPEN-SOURCE SCRIPT
7 Exponential Moving Averages with ATR & Volume Volatility
This indicator features 7 EMA lines based on Fibonacci sequences, along with rising ATR and volume data, highlighting increased volatility by changing the background color of candlesticks.
It aims to assist users in tracking price movements while showing whether volatility increases during EMA crossovers.
Users can easily customize the indicator by adjusting parameters such as EMA, ATR, and volume lengths, as well as colors, in the settings menu to suit their personal preferences.
It aims to assist users in tracking price movements while showing whether volatility increases during EMA crossovers.
Users can easily customize the indicator by adjusting parameters such as EMA, ATR, and volume lengths, as well as colors, in the settings menu to suit their personal preferences.
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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