EMA 7/20/50/100/200

5天前

This script provides a clean and efficient way to plot multiple Exponential Moving Averages (EMAs) directly on the price chart. It includes the following EMAs for enhanced trend analysis: EMA 7, EMA 20, EMA 50, EMA 100, and EMA 200. Each EMA is color-coded for easy differentiation and labeled in the legend for quick reference.

Use Case:

Short-Term Trends: Use EMA 7 and EMA 20 for analyzing short-term price movements.

Medium-Term Trends: EMA 50 helps to identify medium-term trends.

Long-Term Trends: EMA 100 and EMA 200 are essential for observing long-term market trends and significant support/resistance levels.

Features:
Overlay on the price chart for a seamless view.
Distinct color coding for each EMA:

Green (EMA 7) for very short-term trends.
Red (EMA 20) for short-term trends.
Orange (EMA 50) for medium-term trends.
Aqua (EMA 100) for long-term trends.
Blue (EMA 200) for very long-term trends.

Fully adjustable to suit your trading style.
This tool is ideal for traders and analysts looking for a quick and clear visualization of key moving averages on the chart. It aids in identifying market momentum, trend reversals, and dynamic support/resistance zones.