Exponential Moving Average (Set of 3) [Krypt] + 13/34 EMAs

29 янв. 2018 г.

I took Krypt's script and essentially added on to it.

the 20/50/100/200 EMAs should be used together as support and resistance as normal.

• Wait for price to break 200 EMA
  
• Wait for 50 EMA to cross 200 EMA
  
• Wait for pullback to 50 EMA to open position
  
  
  20 and 100 EMAs are for extra information about moving support and resistance
  
  and 13/34 EMAs should be used in conjunction
  
  
• When 13 EMA crosses 34 EMA, open position
  
• When price gets far from 13/34, close position (because price will attempt to revert back to mean)
  
  This is better for scalping and swing trades than the 20/50/100/200 setup.
  
  

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