OPEN-SOURCE SCRIPT
EMA Cloud + MA1 + MA2 + MA3 + SMMA Trading Tool Set
Here is a full logic and usage of the indicator.
Simply - I target EMA Cloud after following price breaking EMA14 - EMA 50 and EMA 100 in order. If the trend is a clear up or down trend - not interrupted - I expect the price to reach my EMA Cloud (Fast EMA 144, Slow EMA 169 as inputs).
If the trend is strong enough to hunt liquidities - I expect the price to continue its move towards SMMA200 as main liquidity spot for the corresponding timeframe.
In case the price breaks EMA50 but not strong enough to reach to the EMA cloud - EMA100 will be the trend end. It's all about finding the correct timeframe that the price respects-reacts and uses MAs.
To have the best efficiency - check previous price action to decide correct timeframe that the candles respect and respond MA14 and MA50. Can be 2,3,5 hours - or days - weeks etc.
You can trade all assets with this tool set and in every timeframe - in seconds - minutes - hours - days - weeks - or months.
The instance of chart view I had in background shows the correct sequence as per my strategy.
Price many often tends to have reversal by cloud areas since its very strong zone for accumulation before the next move.
reach me out for any questions.
Best of Luck!
Simply - I target EMA Cloud after following price breaking EMA14 - EMA 50 and EMA 100 in order. If the trend is a clear up or down trend - not interrupted - I expect the price to reach my EMA Cloud (Fast EMA 144, Slow EMA 169 as inputs).
If the trend is strong enough to hunt liquidities - I expect the price to continue its move towards SMMA200 as main liquidity spot for the corresponding timeframe.
In case the price breaks EMA50 but not strong enough to reach to the EMA cloud - EMA100 will be the trend end. It's all about finding the correct timeframe that the price respects-reacts and uses MAs.
To have the best efficiency - check previous price action to decide correct timeframe that the candles respect and respond MA14 and MA50. Can be 2,3,5 hours - or days - weeks etc.
You can trade all assets with this tool set and in every timeframe - in seconds - minutes - hours - days - weeks - or months.
The instance of chart view I had in background shows the correct sequence as per my strategy.
Price many often tends to have reversal by cloud areas since its very strong zone for accumulation before the next move.
reach me out for any questions.
Best of Luck!
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.