Here we have the 200ema as an ocean that price can jump out of and dive into. The rainbow lines are 20emas from other timeframes so you don't have to click back and forth to see them. The 9ema jagged line and the 200ema "ocean" are relative to the timeframe currently in view. Price looks like alligator jaws as it jumps and dives.... it's not the Bill Williams alligator but reminded me of that. I'm trying experiments in trading small timeframes and it got hard to look at so this makes it easier and fun. If I can catch those long deep dives one day I'll chalk it up to this lol
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.