Basically what this does is to flag when EMA 55 crosses over EMA 8, 13, 21, and 200. This strategy was described by @Philakone on this tweet , but I'm not really sure if this is the correct strategy he described.
This script gives a buy signal when the 21 EMA crosses above the 55 EMA and a sell signal when the 55 EMA crosses below the 21 EMA. This strategy works well for cryptocurrencies at all time frames. However, it does not work for stocks or forex. Sometimes, the simple strategies are the best strategies, especially in markets that have not been dominated by...
Trend Continuation Factor indicator script.
This indicator was originally developed by M.H. Pee (Stocks & Commodities V. 20:3 (58-64): Trend Continuation Factor).
This indicator is designed for use with Profit Trailer's CROSS strategies.
The user can select either EMA or SMA averages and input their own buy value settings.
This indicator allow to show the EMA of the price similar to GDAX user interface.
The purpose of this indicator is twice:
Allowing the user to show a double EMA with the possibility to show when a EMA crossing happens.
Showing in a more user friendly interface the GDAX ema line.
As a matter of fact is proven that those 2 EMA act as support/resistance...
Created by request.
Description:
This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to...
![BTCEUR: GDAX EMA Cross[26,12]](https://s3.tradingview.com/g/G9bbQH4i_mid.png "GDAX EMA Cross[26,12]")
![ETHEUR: EMA Cross [26,12]](https://s3.tradingview.com/f/F3F9TwUB_mid.png "EMA Cross [26,12]")
