OPEN-SOURCE SCRIPT

Fukuiz Octa-EMA + Ichimoku

Aktualisiert
This indicator base on EMA of 8 different period and Ichimoku Cloud.

#A brief introduction to Ichimoku #

The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.

#A brief introduction to EMA#
An exponential moving average (EMA) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average. An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average (SMA), which applies an equal weight to all observations in the period.

I combine this together to help you reduce the false signals in Ichimoku.

#How to use#
EMA (Color) = Bullish trend
EMA (Gray) = Bearish trend

#Buy condition#
Buy = All Ema(color) above the cloud.
#Sell condition#
SELL= All Ema turn to gray color.
Versionshinweise
Add alert condition
Versionshinweise
Minor fix
-Edit alert condition
Versionshinweise
Minor Fix
-Add Buy/Sell Signal.
-Edit Alert Condition.
Versionshinweise
-Fix Buy Alert
Versionshinweise
Update
-Add EMA 50/100//200
-Add new alert
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Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

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