Smart Money Concepts + EMA Signals [DeepEye_crypto]

Concept Description: Moving Averages
A moving average (MA) is a statistical calculation used to analyze data points by creating a series of averages of different subsets of the full data set. In trading, moving averages are commonly used to smooth out price data to identify the direction of the trend.

Types of Moving Averages:
Simple Moving Average (SMA):

The SMA is calculated by taking the arithmetic mean of a given set of values. For example, a 10-day SMA is the average of the closing prices for the last 10 days.
Exponential Moving Average (EMA):

The EMA gives more weight to recent prices, making it more responsive to new information. It is calculated using a smoothing factor that applies exponential decay to past prices.
Weighted Moving Average (WMA):

The WMA assigns a higher weight to recent prices, but the weights decrease linearly.
Hull Moving Average (HMA):

The HMA aims to reduce lag while maintaining a smooth average. It uses WMA in its calculation to achieve this.
Volume Weighted Moving Average (VWMA):

The VWMA weights prices based on trading volume, giving more importance to prices with higher trading volume.
Feature Description: TradingView Alerts
TradingView alerts are a powerful feature that allows traders to receive notifications when specific conditions are met on their charts. Alerts can be set up for various types of conditions, such as price levels, indicator values, or custom Pine Script conditions.

How to Set Up Alerts:
Create an Alert:

Click on the "Alert" button (clock icon) on the TradingView toolbar or right-click on the chart and select "Add Alert".
Configure the Alert:

Choose the condition for the alert (e.g., crossing a specific price level or indicator value).
Set the frequency of the alert (e.g., once, every time, or once per bar).
Customize the alert message and notification options (e.g., pop-up, email, SMS).
Use Pine Script for Custom Alerts: