OPEN-SOURCE SCRIPT

Trendonomics Ema

These are 3 EMAs combined Together.

These are Powerful Fibonacci EMAs which provide support resistance in uptrend & downtrend.

In Strong Uptrend Market will hold above 13 & 34 EMA and vice verse for Downtrend.

Price trading above All EMAs and Short term EMAs trading above medium & long term EMA will produce strong Uptrend.

Price trading below All EMA and Short term EMAs trading below medium & long term EMA will produce strong Downtrend.

To understand how the Exponential Moving Averages work in detail you can contact the author.

We use them along with Momentum Indicator to get strong Trend signals.

We can ride large trends using this Moving Average strategy along with Momentum Indicator which we will publish soon.

Triple EMA's is power system that can help riding long trends.
emacrossoverEMASmoving_averageMoving Averagesmovingaverageconvergencedivergencemovingaveragecrossovermoving-average-exponentialmoving-averages-systemmovingaveragestrategyTrend AnalysisWave Analysiswavesanalysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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