This indicator shows us if the coin is closing more above (green) or under (red) the EMA 200. The more the price close above the EMA the healthier the currency (other market) is and the more i am likely to invest in.
HOW TO USE: Set the desired EMA and HMA length.
Markets: It can be used to all markets.
Versionshinweise
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Added a line to indicate if the trend is going up or down.
Red line: trend is going downward Green line: trend is going upward
Versionshinweise
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Now it usess the Boilinger Band mainband instead of the EMA 200.