OPEN-SOURCE SCRIPT
Weekly EMAs (Slow, Mid, Fast)
Updated
This indicator plots on your chart 3 EMAs (customizable) from the Weekly timeframe (resolution).
The default settings (all EMAs)
There is no smoothing so the EMA line will appear jagged.
I start my week with understanding the bias on a weekly timeframe and weekly chart setups but I find it useful to have these weekly EMAs on different resolutions (especially the Daily).
The default settings (all EMAs)
- 200 - Orange
- 50 - Purple
- 20 - Black
There is no smoothing so the EMA line will appear jagged.
I start my week with understanding the bias on a weekly timeframe and weekly chart setups but I find it useful to have these weekly EMAs on different resolutions (especially the Daily).
Release Notes
Added titles to plot so you know what values you're changing in the options.Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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