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    Ema 2-5 Cross

    Uploaded by

    sandeep madan
    This indicator creates three exponential moving averages based on the central pivot point to assist with trading pure price action using floor pivots. It helps avoid getting chopped up during price confluence. The indicator uses short, medium, and long term EMAs to provide signals for scalping, taking or exiting positions, and determining major trend direction changes.

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    © All Rights Reserved
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    Ema 2-5 Cross

    Uploaded by

    sandeep madan
    171 views2 pages
    This indicator creates three exponential moving averages based on the central pivot point to assist with trading pure price action using floor pivots. It helps avoid getting chopped up during price confluence. The indicator uses short, medium, and long term EMAs to provide signals for scalping, taking or exiting positions, and determining major trend direction changes.

    Original Description:

    candle stick 2-5 cross ovefr

    Original Title

    ema 2-5 cross

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    This indicator creates three exponential moving averages based on the central pivot point to assist with trading pure price action using floor pivots. It helps avoid getting chopped up during price confluence. The indicator uses short, medium, and long term EMAs to provide signals for scalping, taking or exiting positions, and determining major trend direction changes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    171 views2 pages

    Ema 2-5 Cross

    Uploaded by

    sandeep madan
    This indicator creates three exponential moving averages based on the central pivot point to assist with trading pure price action using floor pivots. It helps avoid getting chopped up during price confluence. The indicator uses short, medium, and long term EMAs to provide signals for scalping, taking or exiting positions, and determining major trend direction changes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    // Pivot Boss is based on the work of Frank Ochoa @ www.pivotboss.

    com

    // Converted to Pinescript from Easy Language by DavidR.

    // Summary:

    // Creates one indicator with three exponential moving averages based off the central pivot point

    // which assists you in trading pure price action using floor pivots.

    // This also helps you to avoid getting chopped up during price confluence.

    // Parameters:

    // ShortEMA – Number of periods used to calculate the short term moving average.

    // MedEMA – Number of periods used to calculate the medium term moving average.

    // LongEMA – Number of periods used to calculate the long term moving average.

    // How to use:

    // When T-Line cross Green Short EMA it can be used for scalping.

    // When Short EMA pulls back to Medium EMA you can buy more or sell more depending on

    // without having to exit your position prematurely before trend direction changes.

    // This can also be used as position entry points to make sure you are getting the best possible price.

    // When T-Line, Short EMA and Medium EMA cross over Long EMA you go long or short.

    study(title="Pivot Bos EMA", shorttitle=" EMA 2-5 CROSS", overlay=true)

    src = close

    TLineEMA = input(2, minval=1, title="Trigger Line")

    ShortEMA = input(5, minval=1, title="Short EMA")

    MedEMA = input(5, minval=1, title="Medium EMA")

    LongEMA = input(5, minval=1, title="Long EMA")

    fPivot = ((high + low + close)/3)


    TLine = ema(high, TLineEMA)

    fShortEMA = ema(high, ShortEMA)

    fMedEMA = ema(high, MedEMA)

    fLongEMA = ema(high, LongEMA)

    plot(TLine, color=red, title="T-Line EMA", linewidth=9)

    plot(fShortEMA, color=#008eff, title="Short EMA", linewidth=9)

    plot(fMedEMA, color=#008eff, title="Medium EMA", linewidth=9)

    plot(fLongEMA, color=#008eff, title="Long EMA", linewidth=12)

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