OPEN-SOURCE SCRIPT
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ARVELOV EMA 8/15/40/200/400

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ARVELOV EMA 8/15/40/200/400

This script plots five Exponential Moving Averages (EMAs) on the price chart to help identify market trends and potential trade opportunities.

EMA 8 (#ffeb3b, Yellow, linewidth 4) → Very short-term trend, reacts quickly to price changes.

EMA 15 (#00bcd4, Light Blue, linewidth 4) → Short-term trend, smoother than EMA 8.

EMA 40 (#e91e63, Magenta, linewidth 4) → Medium-term trend, useful for swing trading signals.

EMA 200 (#ff9800, Orange, linewidth 4) → Long-term trend, commonly used to identify overall market direction.

EMA 400 (#2862ff, Blue, linewidth 4) → Very long-term trend, often used as a strong support/resistance guide.

The script provides clear, color-coded moving averages with bold line widths for better visibility on charts.
ملاحظات الأخبار
This script plots five Exponential Moving Averages (EMAs) on the price chart to help identify market trends and potential trade opportunities.

EMA 8 (#ffeb3b, Yellow, linewidth 4) → Very short-term trend, reacts quickly to price changes.

EMA 15 (#00bcd4, Light Blue, linewidth 4) → Short-term trend, smoother than EMA 8.

EMA 40 (#e91e63, Magenta, linewidth 4) → Medium-term trend, useful for swing trading signals.

EMA 200 (#ff9800, Orange, linewidth 4) → Long-term trend, commonly used to identify overall market direction.

EMA 400 (#2862ff, Blue, linewidth 4) → Very long-term trend, often used as a strong support/resistance guide.

The script provides clear, color-coded moving averages with bold line widths for better visibility on charts.

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