This indicator displays 15 Fibonacci Exponential Moving Averages Can be used for support/resistance over many timeframes. In the future I will try to add the predicted projections. You can edit the inputs to include different length EMAs, and change the colors. You can also choose which ones you want to show. Enjoy.
The script is three EMA's that are fit into one indicator. Can be well used in EMA trading system for short and long term.
5 Exponential Moving Averages EMA 1: length 8, blue line EMA 2: length 13, pink line EMA 3: length 21, green line EMA 4: length 55, yellow line EMA 5: length 200, black line
Simple really. 3x EMAs that you can edit, turn on and off etc. Designed for efficiency/to save space. Even if you don't use 3 EMAs, it's better to have it and not need it, than to need it and not have it! Enjoy.
//@version=3 study(title="kalit15min EMA 5/20/50/200", overlay=true) short = ema(close, 5) longer = ema(close, 20) llonger = ema(close, 50) lllonger = ema(close, 200) plot(short, color = orange) plot(longer, color = blue) plot(llonger, color =green ) plot(lllonger, color =red )
By default, this script shows 7 different EMAs set to 5, 10, 20, 50, 100, 150, 200 intervals. If a bar closes below one of these EMAs, the respective EMA will turn red otherwise it will be green. 50 and 200 EMAs have double the linewidth of others.
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.