The Script plots 4 Moving averages.
1. Short Moving Average
2. Medium Moving Average
2. Trend Bias (Usually a much slower Moving Average) - Plots in Green when price action is above the line and Red for when price action is below the line.
3. Alerts are triggered when the short MA/ EMA turns. Can be used for Early Entry signals and Exits.
4. Alerts are triggered for Crosses of the Short and Medium MA
Each Moving average line can be confirmed to be a Simple MA or and EMA
1. Short Moving Average
2. Medium Moving Average
2. Trend Bias (Usually a much slower Moving Average) - Plots in Green when price action is above the line and Red for when price action is below the line.
3. Alerts are triggered when the short MA/ EMA turns. Can be used for Early Entry signals and Exits.
4. Alerts are triggered for Crosses of the Short and Medium MA
Each Moving average line can be confirmed to be a Simple MA or and EMA
הערות שחרור:
Incorporated Fix to Bullish Turn alerts,
Included a 5th EMA line for Extreme Bullish/Bearish Signals,
Now you can specify the TIME frame you would like to chart on.
Included a 5th EMA line for Extreme Bullish/Bearish Signals,
Now you can specify the TIME frame you would like to chart on.
הערות שחרור:
Updated Chart used for the Script
הערות שחרור:
Updated Chart to reflect usage of the Indicator