TradingView
Bjorgum
6 de Dic. de 2020 2:23

Bjorgum Triple EMA Strat 

Descripción

-This script uses a triple EMA strategy to establish trend direction and reversal points

-Inputs are smoothed with Heiken Ashi values to reduce whipsaws, while providing timely execution

-Buy and sell indications are dictated by bar color

-Bar color is dictated by the candle close value in relation to the EMAs, specifically the faster of the 3
(If candle closes above or below the fast and intermediate averages, a buy or sell signal is indicated by bar color change)

-If the close falls between the two a cautionary signal is given. The viewer can hold, or take profit, or evaluate other indicators for clues

-Best results are obtained when coupled with Bjorgum TSI and Bjorgum RSI for confirmation of signals (see TradingView profile)



@Bjorgum on Stocktwits

Notas de prensa

*NEW*

Added alert function to trigger under the same conditions as a bar color change. This occurs as close crosses the 5 and 9 smoothed averages.


@Bjorgum on StockTwits

Notas de prensa

Display picture update
Comentarios
UnknownUnicorn27322543
This is such a fantabulous indicator i must say.. but i am confused when using this with RSI and TSI .. Please help me brother
OxTiabeanie
You obviously have a talent. Cheers.
Bjorgum
@Dmitry325, wow thank you
InvestinMEYER
Hi Bjorgum. This is a fantastic visual tool! Would it be possible to do a MTF version of this indicator? I trade the 3 minute time frame but enter/scale/exit on 1 minute, thus if in the 1 min chart would prefer the 3 EMA's to plot/display 3 min data.
Zinsu
Nice indicator here!
Bjorgum
@Zinsu, Thank you 🙏
Luisrs85
This has become one of my favorites! Great for entering on pullbacks when you pair it with an oscillator and longer term moving average!
Bjorgum
Not intended for Heiken Ashi candles! This would result in double HA smoothing, as HA values are an input. Can publish alternate upon request
HarryBurns
@Bjorgum, Science Rules
justinpogi69
@Bjorgum, what is the alternate pls. Thank you you rock man!
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