OPEN-SOURCE SCRIPT
7EMA_5MA (G/D + Bias + 12/26 Signal)
Updated
This script alow you to survey multiple crossing signals as Golden/Death cross (MA50/200), Institutional Bias (EMA9/18), or EMA 12/26 crossing. You can show/hide all EMAs/MAs and show/hide all signals. Default config displays EMA 50/100/200 and MA 20. Full script includes display of EMA 9/18/12/26/50/100/200 and MA 20/21/50/100/200.
Release Notes
This is a much more complicated version of my first moving average script.New version improvement :
- Golden & Death cross are now based only on daily SMA 50 & daily SMA 200, daily based signal stays on all TFs (Fully modifiable : SMA Value & multiTF)
- Buy & Sell Signals are now based only on daily EMA 22 & EMA 52 crossing, daily based signal stays on all TFs (Fully modifiable : EMA Value & MultiTF)
- adding persistent Multi TimeFrame EMAs and SMAs : persistent Weekly SMA 20 (yellow), Daily SMA 21 (skyblue), Daily SMA 50/100/200 (deepblue), Daily EMA 12/26 (white) & Daily EMA 50/100/200 (red). (Fully modifiable)
The script is made for receiving further modifications, you can add more MultiTF EMA/SMA by deleting the double slash (//) in "MA ENTRIES" and 'PLOT MENU" sections.
Insitutional Bias Signal and 12/26 bull/bear crossing Signal is still available on all TFs.
Default config keeps showing SMA 20/21/50/100/200 (300/400) and EMA 12/26/50/100/200 (300/400)
This script is mostly made for users who don't want to use a TradingView paid plan and who want a powerfull multitool EMA indicator ALL IN ONE.
Take your time to get used of the configuration panel. Enjoy.
Release Notes
This is a much more complicated version of my first moving average script.New version improvement :
- Golden & Death cross are now based only on daily SMA 50 & daily SMA 200, daily based signal stays on all TFs (Fully modifiable : SMA Value & multiTF)
- Buy & Sell Signals are now based only on daily EMA 22 & EMA 52 crossing, daily based signal stays on all TFs (Fully modifiable : EMA Value & MultiTF)
- adding persistent Multi TimeFrame EMAs and SMAs : persistent Weekly SMA 20 (yellow), Daily SMA 21 (skyblue), Daily SMA 50/100/200 (deepblue), Daily EMA 12/26 (white) & Daily EMA 50/100/200 (red). (Fully modifiable)
The script is made for receiving further modifications, you can add more MultiTF EMA/SMA by deleting the double slash (//) in "MA ENTRIES" and 'PLOT MENU" sections.
Insitutional Bias Signal and 12/26 bull/bear crossing Signal is still available on all TFs.
Default config keeps showing SMA 20/21/50/100/200 (300/400) and EMA 12/26/50/100/200 (300/400)
This script is mostly made for users who don't want to use a TradingView paid plan and who want a powerfull multitool EMA indicator ALL IN ONE.
Take your time to get used of the configuration panel. Enjoy.
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.
Disclaimer
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