Indicator made to show the EMAs in different timeframes.
indicator gives buys signal when the EMA of the current chart (emaA1) crosses the EMA of the 1H chart (emaH1). And it gives the signal of sale when the EMA of the current chart (emaA1), crosses down the EMA of the 1H chart (emaH1) and the closing is below the emaH1.
NOTE 1: In the tests that I have done, it has given great signs of purchase, but with the sales signals, I still have to find the best result.
NOTE 2: Do not blindly use any indicators, analyze them, and use the indicator to help confirm your inputs and outputs.
I am open to suggestions for improvements.
Release Notes
Change made so that in the graph the BUY sign is shown as "COMPRA"
Change made so that in the chart the SELL signal is shown as "VENDA"
Release Notes
added sale signal if the current EMA crosses down from the 1H
Now the sales signal is given in case the current media crosses below the 1He (with the closing price) or below the 1H B
Release Notes
change made, from EMA to SMA now the tool uses the simple SMA media furniture. I understand that this makes the result better.
This script is published closed-source and you may privately use it freely.
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