OPEN-SOURCE SCRIPT
Sonic R + EMA system by Dzung_Naga
Updated
This is a trading system that can use for finding price trending in 1D or 4H timeline.
Dragon Lines is consist of EMA 34 applied each to high, low, and close. EMA89 is like a trend line.
When the price line is up with DL and EMA89, the trend is up and vice versa.
When the DL cross the EMA89 from bottom up, it's calling up of price.
When the DL cross the EMA89 from top down, it's calling down of price.
I also using EMA system to make the trend clear. EMAs will be the support or resistance zone depend on the price is up or below them.
EMA system is consist of: EMA200, EMA257, EMA458, EMA630
Dragon Lines is consist of EMA 34 applied each to high, low, and close. EMA89 is like a trend line.
When the price line is up with DL and EMA89, the trend is up and vice versa.
When the DL cross the EMA89 from bottom up, it's calling up of price.
When the DL cross the EMA89 from top down, it's calling down of price.
I also using EMA system to make the trend clear. EMAs will be the support or resistance zone depend on the price is up or below them.
EMA system is consist of: EMA200, EMA257, EMA458, EMA630
Release Notes
add ema144Release Notes
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