Bjorgum Triple EMA Strat

6 thg 12, 2020

-This script uses a triple EMA strategy to establish trend direction and reversal points

-Inputs are smoothed with Heiken Ashi values to reduce whipsaws, while providing timely execution

-Buy and sell indications are dictated by bar color

-Bar color is dictated by the candle close value in relation to the EMAs, specifically the faster of the 3
(If candle closes above or below the fast and intermediate averages, a buy or sell signal is indicated by bar color change)

-If the close falls between the two a cautionary signal is given. The viewer can hold, or take profit, or evaluate other indicators for clues

-Best results are obtained when coupled with Bjorgum TSI and Bjorgum RSI for confirmation of signals (see TradingView profile)



Bjorgum on Stocktwits

20 thg 12, 2020

Phát hành các Ghi chú

*NEW*

Added alert function to trigger under the same conditions as a bar color change. This occurs as close crosses the 5 and 9 smoothed averages.


Bjorgum on StockTwits

20 thg 12, 2020

Phát hành các Ghi chú

Display picture update