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JuanLuisMora

Elder EMA, ATR & MACD Indicator, 5X Time Frame & Divergences.

JuanLuisMora Updated   
Moving Average Convergence / Divergence (MACD) Exponential Moving Average (EMA) elder buysignal sellsignal timeframe windows divergences
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macd ema elder buysignal sellsignal timeframe windows divergences
This indicator is elaborated following the 3 window strategy described by Elder.

The fast, slow averages and MACD histogram are taken from a time frame 5 times higher than the active time frame and indicate bullish / bearish trends as well as divergences (bottom) of the hostogram with the price.
Release Notes:
Improves
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Improves
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Add alert when price is in zone.
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Improves
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Added impulse signals
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Improves
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Added new alerts
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Optimice for BTC
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Adapted name
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Added sam financials date as Book Value and future value prevision.
Release Notes:
Remove financials date for more markets compatibility. I will public a new financial indicator.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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