PROTECTED SOURCE SCRIPT

MagickMynd EMAs: Credit to TECHIE/Philakone EMA

4 626
I have taken Techie and Philakone's original EMA script and have taken the idea to a slightly different level. Originally the script added the 8, 13, 21 and 55 day EMAs, which match the Fibonacci numbers sequence. I have added the 144 day and edited the 200 day to be 233 days instead, to more closely match the fib numbers sequence. Think of it as kind of a moving exponential fib chart. Combine it with the regular horizontal fib tools and maybe some fib channels and you have a whole lot of fib data with only 1-2 indicators! (suggest combining with the Magick RSI/Stoch tool for maximum efficiency). I have also added the 4 day EMA. While it does not match the number 3 that you would see in the fib sequence, it does have a special use in relation to price action. Let's see if you can notice what it is ;). Happy trading!

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.