Recursive Moving Trend Average indicator script.
This indicator was originally developed by Dennis Meyers (Stocks & Commodities V.16:12, The Yen, Recursed).
This indicator is a collection of 6 different period Moving Averages. It has support for different time-frame resolution for all of them individually.
Also, it has 11 different type of Moving Average calculation functions:
1. Simple Moving Average (SMA)
2. Exponential Moving Average (EMA)
3. Weighted Moving Average (WMA)
4. Volume Weighted Moving Average...
Just like the regular "Moving Average Exponential" indicator except this allows you to show 2 with custom time intervals, saving non-subscribers to Trading View an indicator slot. Enjoy.
This EMA allows you to specify a time-frame for the price used to calculate the moving average. For example, you can create 1 hour EMAs on your 5 minute chart.
NOTE: This indicator only works on intraday charts. The time-frame specified for the indicator must be greater than or equal to the time-frame of the chart.
TRES EMAS + BANDAS DE BOLLINGER
INDICADOR 1: TRES EMAS (MEDIA MOVIL EXPONENCIAL)
Con este indicador puede visualizar el promedio de precios con mayor peso a los datos mas recientes.
Se calculan y dibujan tres medias móviles exponenciales: 4, 20 y 200 últimas velas.
-Rápida EMA1 = 4, paso = 1
-Media EMA2 = 20, paso = 2
-Lenta EMA 3 = 200, paso = 10
...
5 Moving Average Exponential. Crypto EMA. 7 is a fast support or resistance, 15 confirmation support or resistance. 30 Important support and resistance. 50 institutional support or resistance. 200 general trend, support and resistance.
The same as my previous Exponential Bollinger Bands script, but now you can set a desired offset for the indicator. I have published this as a new script that way those who prefer the old script can continue to use it without seeing any changes.
This script will plot the result of Volume / Close.
This is meant to normalize the volume of tickers with exponential growth, for example a ticker like $BTC that went from $1 to $50k. Having the volume divided by the close will normalize the volume for when the price was $1 and $50k.
Multiple EMA. Color switch of slowest EMA (def=200) when price close below or above. Trend marker when fastest EMA (def=9) cross slowest EMA (def=200).
I've been using these for a while trading Bitcoin and I've found them to be the most useful to me. I replaced the 7 you may have seen in the first set with the 9 as I'm seeing it tested across many time frames quite frequently. The least used of the six is the 30 period, but it does have some influence I've found on the large time frames, mainly the weekly.
Users can display moving averages from higher time frame charts and display them on their current chart. This script supports up to 4 moving averages aggregated from a selected time frame. Each plot can be toggled if the user does not wish to have all 4 plots displayed.
Inputs allow user to edit:
Moving average length
Average type
Color
Timeframe input...
Defaults to 1 SMA with 4 EMA bands. 200 SMA is intended to show the trend; 20,40 and 55 EMA show entries; 81 EMA is used as stop/take profit. Defaults are inspired by 'Eric Choe' but you can switch between EMA and SMA as per your own preference. Philakone uses all 5 as EMA 8, 13, 21, 55, 200
Add 4 Fibonacci EMAs to your charts with one indicator.
Configureable by value, so they don't necessarily have to use Fibonacci numbers, and by colors.
20, 50, 100, 128 & 200 MA on the same indicator.
They can be switched to exponential moving averages.
Add the 128 value which is popular for daily BTC chart.
![SPY: Exponential Bollinger Bands [Updated Feb 2018]](https://s3.tradingview.com/0/0XMbvfka_mid.png "Exponential Bollinger Bands [Updated Feb 2018]")
![AMZN: [A7] Fibonacci EMAs (8,21,34,55,89,233)](https://s3.tradingview.com/x/XUqbsVLm_mid.png "[A7] Fibonacci EMAs (8,21,34,55,89,233)")
