OPEN-SOURCE SCRIPT
EMA Hierarchy Alternating Alert Markers
This script allows you to set EMA 5, 13 & 26 in a single indicator
// It allows you to set an alert when PCO or NCO happens where 5>13>26 (PCO) or 5<13<26 (NCO)
// It has been deisgned in such a way that the alert will only be sounded on the first PCO or NCO
// Once a PCO has happened then the next PCO alert will only come after the NCO has happened
// This feature helps you to avoid getting multiple alerts specially if you are using a lower timeframe
// EMA crossover strategy has been one of the favorite strategy which helps traders understand the trend in various timeframes and accordingly ride the wave - both upside and downside. This indicator helps to time your trade once you get an alert on crossover happening and eliminates the need for constant monitoring of the screen
// Scripts: Equities, F&O, Commodity, Crypto, Currency
// Time Frame: All
// By TrustingOwl83470
// It allows you to set an alert when PCO or NCO happens where 5>13>26 (PCO) or 5<13<26 (NCO)
// It has been deisgned in such a way that the alert will only be sounded on the first PCO or NCO
// Once a PCO has happened then the next PCO alert will only come after the NCO has happened
// This feature helps you to avoid getting multiple alerts specially if you are using a lower timeframe
// EMA crossover strategy has been one of the favorite strategy which helps traders understand the trend in various timeframes and accordingly ride the wave - both upside and downside. This indicator helps to time your trade once you get an alert on crossover happening and eliminates the need for constant monitoring of the screen
// Scripts: Equities, F&O, Commodity, Crypto, Currency
// Time Frame: All
// By TrustingOwl83470
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.