OPEN-SOURCE SCRIPT
EMA Cloud + EMA + SMMA Trading Set
Set EMA cloud as per 144-169
Set EMA as 50
Set SMMA as 200
Look for the correct sequence of price breaks EMA50 - targetting EMA cloud further if it's a red color that will play a role of main resistance zone.
In case the price breaks even above EMA cloud - expect price action to target SMMA 200 since it points major liquidity level in that particular time frame price action.
If the price breaks above SMMA and holds in there - increase your time frame.
Best of Luck!
Set EMA as 50
Set SMMA as 200
Look for the correct sequence of price breaks EMA50 - targetting EMA cloud further if it's a red color that will play a role of main resistance zone.
In case the price breaks even above EMA cloud - expect price action to target SMMA 200 since it points major liquidity level in that particular time frame price action.
If the price breaks above SMMA and holds in there - increase your time frame.
Best of Luck!
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