In this above indicator, one can plot 3 indicators simultaneously where, 200ema can be used to watch on-going long term trend, dynamic support levels for an instrument 50ema can be combined with 200ema forming a Golden Cross strategy, 50ema can be used as short term support and resistance as well. Lastly, 20ema could be your swing entry, exit, pullback support/resistance, triple crossover for an Ambush entry, Retest entry, etc. it is one of the most versatile setup where you can trade an instrument by crosschecking and confirming with multiple parameter
Notes de version
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added source of EMA differently so you can tweak some things and make Magic Bands too! Enjoy.