The 3 most important moving averages:
EMA13 - gives institutional bias (enter trade at the touch of this line)
SMA 30 - medium term trend (bullish if price stays above, bearish if price stays below)
SMA 200 - long term trend (bullish if price stays above, bearish if price stays below)
By Pequet gist.github.com
Here is a script to use 3 types of Bollinger Bands.
It is like three resistances or ranges in wich the Chart generally likes to move. A 1, 2 and 3 Width BB. The Chart moves 90% between the yellow one.
As support for my study i use the 13 EMA. is the Chart over the 13 EMA and under the Yellow (2) BB the trend is bullish. Is t under the 13 EMA and over the...