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cesar9633

Double BB + Multi Ema

cesar9633 Updated   
Bollinger Bands (BB) Exponential Moving Average (EMA) BB dmistochastic
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bollingerbands ema bb dmistochastic
Use this indicator to identify the market trend, possible dynamic Supports or Resistances and possible setbacks or corrections.

Take the Moving Averages (50,75,100,200) as a reference to identify if the market is bullish or bearish.

Have as reference the Moving Averages (8,15,20,25) as possible dynamic Supports or Resistances.

Have the BB as a reference, to identify possible setbacks or changes in trends.
Release Notes:
-Added a third BB (optional).
-3 types of signals are added, with RSI, Stoch, DMI. They indicate possible reversals or changes in trends.

Suggested values
-RSI 4
-Stoch 1 (5,1,1)
-Stoch 2 (14,1,1)
-DMI (10, 3)
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 a 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.

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