I have found these settings very useful for catching breakouts on Alt coins.
Alerts Added,
Breakout = Ema 10 crossing above Ema 21 Breakdown = Ema 10 crossing under Ema 21
Ema 55 added as a useful area to catch dips when price is trending
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Cleaned up the Existing Code, Added the option to add more Ema's to the chart Added Color fill options to the Crossovers, You can customize the inputs & have a clean view of the overall trend. Added option to turn Alerts on / off. Added option to turn Other Emas on / off. Channel Fill on / off Added Background Heatmap color filter that follows the users input that defines a crossover to see at a quick glance if the trend defined is Bullish or Bearish - Crossover ( Background is green by default) - Crossunder (Background is red by default) Added option to turn background color on / off (off by default)
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- Made Improvements to Settings - Script now has 9 customizable Ema Options - You can now change the timeframe of signals & Emas in the Settings to whichever you prefer without changing the chart - By Default All Fibonacci Emas are listed (Can be changed to preference) - Each Ema has a Turn on / Off switch (Off by Default) - Moved Background Color option to the top of settings
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Update - 12/21/2022
- Added A Dashboard to show Custom Ema Inputs and its current Status - If Price is above custom Ema input = Above, If Price is below custom Ema input = Below - Added Color Bar option based on cross of Ema 1 & Ema 2 input
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12/21/2022
- Added bar color change when candle rises above or drops below Ema 1 & 2 - Added Alerts when candle drops or rises above Ema 1 & ema 2
Superb... Was using only only 21EMA lines to decide entry/exit point; this is more detailed with EMA10/21 crossover with color fill options is indeed simple and superb for beginners. Many Thanks to the author.