OPEN-SOURCE SCRIPT

CBEMA

38
EMA 3 Lines
This indicator applies three Exponential Moving Averages (EMAs) to help identify market trends and potential entry/exit signals. Each line represents a different time horizon:

Short-term EMA → captures recent price momentum and short-term reversals.

Medium-term EMA → filters noise and confirms the trend direction.

Long-term EMA → shows the overall market trend (bullish or bearish bias).

How to interpret signals

When the short-term EMA crosses above the medium/long-term EMAs → potential bullish trend.

When the short-term EMA crosses below the medium/long-term EMAs → potential bearish trend.

When all three EMAs are aligned in the same order (short above medium above long, or the opposite) → indicates a strong, sustained trend.

Using three EMAs allows traders to see both the big picture (trend) and short-term momentum at the same time, making it a useful tool for trend-following strategies and timing entries/exits.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.