OPEN-SOURCE SCRIPT
Aktualisiert

EMAs Cross

398
This script generates a line that changes color when evaluating the values ​​and intersections of the 7-, 14-, and 42-day exponential averages, indicating possible entry and exit points.
In general, yellow indicates the beginning of an uptrend, green confirms an uptrend, and brown indicates a downtrend.
Using this script together with the RSI can help you make decisions about the best times to enter and exit positions.
The script was created to generate an indicator in a separate window from the main chart, but adding this indicator to the main window can help you visualize and interpret market movements.
Versionshinweise
This script generates a line that changes color when evaluating the values ​​and intersections of the 7-, 14-, and 42-day exponential averages, indicating possible entry and exit points.

In general, yellow indicates the beginning of an uptrend, green confirms an uptrend, and brown indicates a downtrend.

Using this script together with the RSI can help you make decisions about the best times to enter and exit positions.

The script was created to generate an indicator in a separate window from the main chart, but adding this indicator to the main window can help you visualize and interpret market movements.

This script replaces the EMA Cross.

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