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SamRecio
1 Th04 2022 05:26

EMAs Daily Reset 

SPDR S&P 500 ETF TRUSTArca

Mô tả

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.

Phát hành các Ghi chú

Added options for moving average type because of a request from a user,
Now included:
SMA,EMA,WMA,VWMA,RMA

Phát hành các Ghi chú

formatting error resolved

Phát hành các Ghi chú

-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
Bình luận
JackHertz
This is brilliant! There is so much unbiased perspective. Thanks :) Do you mind sharing a strategy which suits this setup?
SamRecio
@JackHertz, this indicator is not related to a trading strategy.
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