OPEN-SOURCE SCRIPT

Smoothed Triple EMA

This indicator is exactly as it sounds, a smoothed triple EMA . In my personal use, it is applied to strategies to indicate direction of entries. A simple example would be if price is above the STEMA, look for long entries, if price is below the STEMA, look for short entries. Shortly, I will share a strategy that makes use of this indicator. You are welcome to message me if you have any questions. Thanks for checking it out an may the probabilities be with you!
crossovercrossunderDouble Exponential Moving Average (DEMA)Moving AveragesTriple Exponential Moving Average (TEMA)Trend Analysis

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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