This indicator displays 3 EMAs that recalculate every day.
This is useful for intraday trading by removing the bias of the previous day's ema price. This ensures your EMAs stay near the most current price action.
Note: If your length is larger than the number of bars in the day, your EMAs will not have time to properly catch up in the day.
This is useful for intraday trading by removing the bias of the previous day's ema price. This ensures your EMAs stay near the most current price action.
Note: If your length is larger than the number of bars in the day, your EMAs will not have time to properly catch up in the day.
Versionsinformation:
Added options for moving average type because of a request from a user,
Now included:
SMA,EMA,WMA,VWMA,RMA
Now included:
SMA,EMA,WMA,VWMA,RMA
Versionsinformation:
formatting error resolved
Versionsinformation:
-Added "Calculation Period"
This allows for you to control the period at which the moving averages reset.
Default is 1 day = MAs reset upon new daily candle, 1 hour = MAs reset upon new 1H candle, etc.
-Added "HoB/LoB" as sources
High of Body and Low of Body
Enjoy
This allows for you to control the period at which the moving averages reset.
Default is 1 day = MAs reset upon new daily candle, 1 hour = MAs reset upon new 1H candle, etc.
-Added "HoB/LoB" as sources
High of Body and Low of Body
Enjoy