OPEN-SOURCE SCRIPT
EMA (3) MA (5) BB by Ismael R
📈 Moving Averages & Bollinger Bands Indicator - SMA & EMA MultiFrame
🔹 Description:
This indicator combines Simple Moving Averages (SMA), Exponential Moving Averages (EMA), and Bollinger Bands, providing a clear view of market trends and potential volatility zones.
🔹 Features:
✅ Includes 5 configurable SMAs (50, 8, 200, 20, 800 by default).
✅ Incorporates 3 configurable EMAs (45, 9, 200 by default).
✅ Implements Bollinger Bands with different standard deviation levels (2.0, 2.5, and 3.0).
✅ Ability to enable or disable each MA/EMA individually.
✅ Customizable colors for better readability.
🔹 How to use it?
📊 Trend Identification: EMAs and SMAs help recognize market direction.
📈 Dynamic Support & Resistance: Bollinger Bands indicate areas of high and low volatility.
⚡ Entry & Exit Signals: Moving average crossovers can signal potential trade opportunities.
🔹 Recommended Settings:
Short-term traders can use a combination of SMA (8, 20, 50) and EMA (9, 45).
Long-term investors can watch the SMA 200 and EMA 200 as macro trend indicators.
📌 Code available in Pine Script v5
Add it to your TradingView and enhance your technical analysis! 🚀
🔹 Description:
This indicator combines Simple Moving Averages (SMA), Exponential Moving Averages (EMA), and Bollinger Bands, providing a clear view of market trends and potential volatility zones.
🔹 Features:
✅ Includes 5 configurable SMAs (50, 8, 200, 20, 800 by default).
✅ Incorporates 3 configurable EMAs (45, 9, 200 by default).
✅ Implements Bollinger Bands with different standard deviation levels (2.0, 2.5, and 3.0).
✅ Ability to enable or disable each MA/EMA individually.
✅ Customizable colors for better readability.
🔹 How to use it?
📊 Trend Identification: EMAs and SMAs help recognize market direction.
📈 Dynamic Support & Resistance: Bollinger Bands indicate areas of high and low volatility.
⚡ Entry & Exit Signals: Moving average crossovers can signal potential trade opportunities.
🔹 Recommended Settings:
Short-term traders can use a combination of SMA (8, 20, 50) and EMA (9, 45).
Long-term investors can watch the SMA 200 and EMA 200 as macro trend indicators.
📌 Code available in Pine Script v5
Add it to your TradingView and enhance your technical analysis! 🚀
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.