The idea is to combine Elder Impulse System with AutoEnvelope. It's usefull for free accounts to have more indicators on chart.
So what would on chart:
- fast ema
- slow ema
- AutoEnvelope
- Bar colour changed after signals of upcending/discending fast ema + upcending/discending macd
I've used Elder Impulse System by samuel16 and Elder's AutoEnvelope indicator...
Due to popular demand (one person asked) this is an updated version of my EMA 12 indicator.
This indicator will show up to twelve moving averages at a time in a single indicator. Or, to put it another way, a moving average ribbon.
You can turn individual MAs off or on at your discretion, to show from none to twelve at a time, to better visualize support and...
Don't use on pairs of type "crypto/crypto"!
Only for pairs like "crypto/fiat" ("BTC/USD", "BTC/CNY", "ETH/USD", "ETH/CNY", etc)
Trade strategy which uses only 2 MA.
The slow MA (blue) is used for definition of a trend
The fast MA (red) is used for an entrance to the transaction
For:
- For H1
- For crypto/fiat
- Good for "BTC/USD", "ETH/USD"
...
![BTCUSD: BTC Short/Long Change Indicator Weighted Calls [BY]](https://s3.tradingview.com/f/ffe8Weok_mid.png "BTC Short/Long Change Indicator Weighted Calls [BY]")
![BTCUSD: BTC Short/Long Change Strategy [Baydemir]](https://s3.tradingview.com/n/nafsKNWb_mid.png "BTC Short/Long Change Strategy [Baydemir]")
