OPEN-SOURCE SCRIPT

3 EMAs, 5 SMA, FiboISRS

108
📈 Enhanced Indicator with 3 EMAs, 5 SMAs, and Dynamic Fibonacci Levels 🔥
Description:
This advanced indicator combines Exponential Moving Averages (EMAs), Simple Moving Averages (SMAs), and Dynamic Fibonacci Levels to provide a clear view of trends and potential price reaction zones.

🔹 What is it for?
✅ Trend Identification:

EMAs react faster to price changes, helping to spot trend shifts.
SMAs offer a more stable view of the overall market trend.
Dynamic Fibonacci Levels act as dynamic support and resistance based on moving averages.
✅ Key Trading Zones:

EMA & SMA Crossovers: Potential entry or exit points.
Dynamic Fibonacci Levels: Help identify areas where price may bounce or consolidate.
🔹 How to Use It?
🔹 Moving Averages (SMAs & EMAs):

EMA 4, 9, and 18: Useful for detecting short-term trends and scalping.
SMA 8, 20, 50, 200, and 800: Key references for medium- and long-term trends.
🔹 Dynamic Fibonacci:

Based on the selected moving average, adjusting support/resistance levels dynamically.
Helps detect high-probability reversal or continuation zones.
🔹 Customization:
✅ Adjust the length of SMAs and EMAs according to your strategy.
✅ Change the moving average type for Fibonacci levels (SMA, EMA, or WMA).
✅ Enable or disable lines as needed.

📊 Currently, we are analyzing BTCUSDT on the 1-hour timeframe.

🚀 Add it to your chart and try it out now!
If you like this indicator, give it a 👍 and share it with the community. Happy trading! 💰🔥

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.