Gideons Gold - EMA Shield
Gideons Gold — EMA Shield
EMA Shield provides a clear visual reference for where price stands. Inspired by the discipline of Gideon’s men holding their positions in Judges 7:21, it reflects our focus on preparation, patience, and a defined plan. At Gideons Gold, we aim to bring practical value to the trading community through focused, easy-to-use tools. Less Noise. Greater Focus.
EMA Shield plots an EMA of candle highs and an EMA of candle lows to form a channel. The length defaults to 20 periods, but you can change it in settings to suit your approach.
Reading the colors:
- Green: The current close is above the upper EMA.
- Red: The current close is below the lower EMA.
- Orange: The current close is inside the channel or on either boundary.
Both lines and the optional fill change color together, making price’s position easy to recognize.
Features:
- Adjustable EMA length, defaulting to 20.
- Custom colors for above, below, and inside the channel.
- Adjustable line thickness from 1–5.
- Optional channel fill with customizable transparency.
Using EMA Shield
Use the channel alongside price structure and your own entry conditions to maintain a consistent view of price location. Orange identifies price within the channel; it does not automatically mean consolidation. Green and red identify price above or below the channel, not guaranteed trade opportunities.
The channel uses standard EMA calculations. Values and colors can change while a candle is forming. This version does not include built-in alert conditions or place trades. Despite its name, EMA Shield does not protect against trading losses.
The inspiration behind Gideons Gold
Gideon’s story inspires humility, discipline, and the reminder that more is not always better. We bring that perspective to clearer charts and purposeful tools. The biblical connection reflects our values, not a promise of trading success.
Less Noise. Greater Focus.
Clearer charts. Focused tools. A rules-based approach.
EMA Shield provides a clear visual reference for where price stands. Inspired by the discipline of Gideon’s men holding their positions in Judges 7:21, it reflects our focus on preparation, patience, and a defined plan. At Gideons Gold, we aim to bring practical value to the trading community through focused, easy-to-use tools. Less Noise. Greater Focus.
EMA Shield plots an EMA of candle highs and an EMA of candle lows to form a channel. The length defaults to 20 periods, but you can change it in settings to suit your approach.
Reading the colors:
- Green: The current close is above the upper EMA.
- Red: The current close is below the lower EMA.
- Orange: The current close is inside the channel or on either boundary.
Both lines and the optional fill change color together, making price’s position easy to recognize.
Features:
- Adjustable EMA length, defaulting to 20.
- Custom colors for above, below, and inside the channel.
- Adjustable line thickness from 1–5.
- Optional channel fill with customizable transparency.
Using EMA Shield
Use the channel alongside price structure and your own entry conditions to maintain a consistent view of price location. Orange identifies price within the channel; it does not automatically mean consolidation. Green and red identify price above or below the channel, not guaranteed trade opportunities.
The channel uses standard EMA calculations. Values and colors can change while a candle is forming. This version does not include built-in alert conditions or place trades. Despite its name, EMA Shield does not protect against trading losses.
The inspiration behind Gideons Gold
Gideon’s story inspires humility, discipline, and the reminder that more is not always better. We bring that perspective to clearer charts and purposeful tools. The biblical connection reflects our values, not a promise of trading success.
Less Noise. Greater Focus.
Clearer charts. Focused tools. A rules-based approach.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。