The Beardicator

//Bearmarket modified FibMA using Ruby Trading System
//Original code by Lonestar108
study(title="Moving Average Convergence Divergence Study", shorttitle="Beardication", overlay=false)
ema1 = close, len = input(8, minval=1, title="Length")
out1 = ema(ema1, len) 
ema2 = close, len2 = input(13, minval=1, title="Length")
out2 = ema(ema2, len2) 
ema3 = close, len3 = input(32, minval=1, title="Length")
out3 = ema(ema3, len3)
ema4 = close, len4 = input(41, minval=1, title="Length")
out4 = ema(ema4, len4)
ema5 = close, len5 = input(96, minval=1, title="Length")
out5 = ema(ema5, len5)
ema6 = close, len6 = input(243, minval=1, title="Length")
out6 = ema(ema6, len6)
//ema7 = close, len7 = input(165, minval=1, title="Length")
//out7 = ema(ema7, len7)
//ema8 = close, len8 = input(267, minval=1, title="Length")
//out8 = ema(ema8, len8)


//plot((out7-out8)/2, title="EMA", color=#6DE807, style=line, linewidth=2,transp=65)
//plot((out6-out7)/2, title="EMA", color=#33FFFB, style=line, linewidth=2,transp=65)
plot((out5-out6)/2, title="EMA", color=#20C1FF, style=line, linewidth=2,transp=65)
plot((out4-out5)/2, title="EMA", color=#640CE8, style=line, linewidth=2,transp=65)
plot((out3-out4)/2, title="EMA", color=#FF0000, style=line, linewidth=2,transp=65)
plot((out2-out3)/2, title="EMA", color=#E8910C, style=line, linewidth=2,transp=65)
plot((out1-out2)/2, title="EMA", color=#E87470, style=line, linewidth=2, transp=65)
// 
// 
// E87470
// AF8BFF