QUAD DEMA

30 thg 3, 2022

Hey Folks,

Just created my first script, It's basically 4 DEMA in one indicator which helps you not to use multiple indicators.
It's more accurate than Exponential Moving Average & give signals much prior to the breakout, very helpful in short timeframes.
Tweak it according to your preference
Instructions to use
-When 55 DEMA crosses all the DEMA it's a clear signal for uptrend or downtrend which can potentially be a entry or exit points.
-Don't depend on this when all the DEMA's are entangled to each other.
-Use Stochastic RSI for better approach in entry.
-Most accurate in 1hr time frame for short term entry.

Enjoy!

31 thg 3, 2022

Phát hành các Ghi chú

Added EMA55 which potentially act as a support & resistance levels.
DEMA55 gives exit signal much prior
EMA55 gives entry signal much prior