Zamboniman

Exponential Moving Average Ribbon 12

This indicator shows up to twelve exponential moving average lines at once in a single indicator. Or, to put it another way, an EMA ribbon.

You can turn off individual EMAs at your discretion, showing between none and twelve at a time, and of course you can change the period lengths of each at your discretion.

The last four EMAs are green when bullish and red when bearish . The others will change color slightly too, much more subtly.

Why another one of these? There's a few of these already, but I wanted the ability to quickly turn off and on different EMA lines to see certain things, like support and resistance off an EMA , without having to futz about changing the period length on different ones, and I wanted something with a few more EMA lines than others provided.

I use this with other analysis to help determine trade opportunities.


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