OPEN-SOURCE SCRIPT
3 EMAs, 5 SMA, FiboISRS
📈 Enhanced Indicator with 3 EMAs, 5 SMAs, and Dynamic Fibonacci Levels 🔥
Description:
This advanced indicator combines Exponential Moving Averages (EMAs), Simple Moving Averages (SMAs), and Dynamic Fibonacci Levels to provide a clear view of trends and potential price reaction zones.
🔹 What is it for?
✅ Trend Identification:
EMAs react faster to price changes, helping to spot trend shifts.
SMAs offer a more stable view of the overall market trend.
Dynamic Fibonacci Levels act as dynamic support and resistance based on moving averages.
✅ Key Trading Zones:
EMA & SMA Crossovers: Potential entry or exit points.
Dynamic Fibonacci Levels: Help identify areas where price may bounce or consolidate.
🔹 How to Use It?
🔹 Moving Averages (SMAs & EMAs):
EMA 4, 9, and 18: Useful for detecting short-term trends and scalping.
SMA 8, 20, 50, 200, and 800: Key references for medium- and long-term trends.
🔹 Dynamic Fibonacci:
Based on the selected moving average, adjusting support/resistance levels dynamically.
Helps detect high-probability reversal or continuation zones.
🔹 Customization:
✅ Adjust the length of SMAs and EMAs according to your strategy.
✅ Change the moving average type for Fibonacci levels (SMA, EMA, or WMA).
✅ Enable or disable lines as needed.
📊 Currently, we are analyzing BTCUSDT on the 1-hour timeframe.
🚀 Add it to your chart and try it out now!
If you like this indicator, give it a 👍 and share it with the community. Happy trading! 💰🔥
Description:
This advanced indicator combines Exponential Moving Averages (EMAs), Simple Moving Averages (SMAs), and Dynamic Fibonacci Levels to provide a clear view of trends and potential price reaction zones.
🔹 What is it for?
✅ Trend Identification:
EMAs react faster to price changes, helping to spot trend shifts.
SMAs offer a more stable view of the overall market trend.
Dynamic Fibonacci Levels act as dynamic support and resistance based on moving averages.
✅ Key Trading Zones:
EMA & SMA Crossovers: Potential entry or exit points.
Dynamic Fibonacci Levels: Help identify areas where price may bounce or consolidate.
🔹 How to Use It?
🔹 Moving Averages (SMAs & EMAs):
EMA 4, 9, and 18: Useful for detecting short-term trends and scalping.
SMA 8, 20, 50, 200, and 800: Key references for medium- and long-term trends.
🔹 Dynamic Fibonacci:
Based on the selected moving average, adjusting support/resistance levels dynamically.
Helps detect high-probability reversal or continuation zones.
🔹 Customization:
✅ Adjust the length of SMAs and EMAs according to your strategy.
✅ Change the moving average type for Fibonacci levels (SMA, EMA, or WMA).
✅ Enable or disable lines as needed.
📊 Currently, we are analyzing BTCUSDT on the 1-hour timeframe.
🚀 Add it to your chart and try it out now!
If you like this indicator, give it a 👍 and share it with the community. Happy trading! 💰🔥
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.