algife

Triple Exponential Moving Averages (3 EMA)

A basic script that let's you have 3 EMA (Exponential Moving Averages) all-in-one script. They're useful to know the general trends of your chart: Long-time, Short-time (or immediately) & General current trend.

Note: Remember that "exponential" means that these indicators give more weight to the latest data, making them more reactive to price changes (they react faster to recent price changes than simple moving averages)
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These are SMAs, not EMAs
+5 Reply
Hey algife,

From the code, this seems like 3 SMAs and not 3 EMAs, which is probably a mistake given the title ;) Cheers
+1 Reply
algife maayank
@maayank, exactly. Change "sma" to "ema" in lines 11 12 and 13. I can't edit the Idea or at least I don't know how.
+1 Reply
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