PROTECTED SOURCE SCRIPT
SS EMA / SMA Ribbon
Color Change if above or below EMAs / Ribbon
StokedStocks EMA / SMA Ribbon 9 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 200
EMAs Color Change if above or below EMAs / Ribbon
Lime : Uptrending; Long Bias
Green : Dip Buy / ReEntry or downtrend reversal warning
Red : Downtrend. Short Bias
Maroon : Short Reentry (sell the peak) or uptrend reversal warning
1st strategy Long when Price crosses above all EMAs
2nd strategy if late is buy first or second pullback to 9 or 20 EMA which are the 1st and 2nd ribbon lines (in an uptrend)
3rd strategy is Short once price crosses UNDER all EMAs
Use Trailing stop % once long or short
Better when shorter time frames line up with Longer time Frames for less risk EXAMPLE Above all EMAs on 5min chart and on Daily Chart
StokedStocks EMA / SMA Ribbon 9 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 200
EMAs Color Change if above or below EMAs / Ribbon
Lime : Uptrending; Long Bias
Green : Dip Buy / ReEntry or downtrend reversal warning
Red : Downtrend. Short Bias
Maroon : Short Reentry (sell the peak) or uptrend reversal warning
1st strategy Long when Price crosses above all EMAs
2nd strategy if late is buy first or second pullback to 9 or 20 EMA which are the 1st and 2nd ribbon lines (in an uptrend)
3rd strategy is Short once price crosses UNDER all EMAs
Use Trailing stop % once long or short
Better when shorter time frames line up with Longer time Frames for less risk EXAMPLE Above all EMAs on 5min chart and on Daily Chart
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