OPEN-SOURCE SCRIPT
3 EMAs with Custom Lengths
This code plots three Exponential Moving Averages (EMAs) on a price chart. EMAs are used to smooth price data and highlight trends.
Inputs for EMA lengths: The user can specify the lengths (e.g., 10, 20, 50 periods) of the three EMAs through input fields. By default, the lengths are set to 10, 20, and 50.
EMA Calculation: For each of the specified lengths, the script calculates the EMA based on the closing prices of the asset.
Plotting the EMAs: The three EMAs are drawn on the price chart in different colors, so users can easily compare them. These moving averages help in spotting trend direction, crossovers, and potential trading signals.
The overall purpose of the code is to give the user a visual representation of three EMAs on their price chart, which can be customized based on their trading strategy.
Inputs for EMA lengths: The user can specify the lengths (e.g., 10, 20, 50 periods) of the three EMAs through input fields. By default, the lengths are set to 10, 20, and 50.
EMA Calculation: For each of the specified lengths, the script calculates the EMA based on the closing prices of the asset.
Plotting the EMAs: The three EMAs are drawn on the price chart in different colors, so users can easily compare them. These moving averages help in spotting trend direction, crossovers, and potential trading signals.
The overall purpose of the code is to give the user a visual representation of three EMAs on their price chart, which can be customized based on their trading strategy.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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