OPEN-SOURCE SCRIPT

Combo 2/20 EMA & Bill Williams Averages. 3Lines

5 008
This is combo strategies for get a cumulative signal.

First strategy
This indicator plots 2/20 exponential moving average. For the Mov
Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met.

Second strategy
This indicator calculates 3 Moving Averages for default values of
13, 8 and 5 days, with displacement 8, 5 and 3 days: Median Price (High+Low/2).
The most popular method of interpreting a moving average is to compare
the relationship between a moving average of the security's price with
the security's price itself (or between several moving averages).

WARNING:
- For purpose educate only
- This script to change bars colors.

Aviso legal

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