OPEN-SOURCE SCRIPT
3 Moving Average Exponential
Since I noticed there was no Script with actually 3 EMA together (all the ones I found said it was Exponential, but actually was Simple), i created this one.
The lengths, 17 72 305, are based on the phi cube theory, introduced by Bo Williams. The slow length (305) indicate a likely strong support/resistance and the region between the fast and medium lengths (17, 72) indicate where the price tends to return after a boost or little diversion from the price average.
The lengths, 17 72 305, are based on the phi cube theory, introduced by Bo Williams. The slow length (305) indicate a likely strong support/resistance and the region between the fast and medium lengths (17, 72) indicate where the price tends to return after a boost or little diversion from the price average.
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.