pocketlint

MP EMA V SMA Study

So I took an idea from various scripts out there that fcus on EMAs, EMA Ribbons, SMAs, including gains. The idea behind this is to eliminate excess noise by cross referencing values from both SMA and EMA in a more competitive environment. What this does is provide the trend determined by EMAs while using a SMA gain to cut out the fluff so to speak. Works good on multiple coins but is not supported by backtesting since I have not completed the Strategy script as of yet. Currently using this for 1h timeframes on ETHUSD coin in Kraken's exchange. As usual it's all open source and free. Enjoy! Friendly with autoview.

Any questions feel free to pop into our Discord at https://discord.gg/qQmvm7 .





All donations go to providing better resources for further testing and script sharing, as well as my upcoming carpel tunnel syndrome surgery.

1Dsg49Zt2FQ9BnUHrmXQwvhL5dd3teqa7g
ltc addy- LYUpgsHSHnKeYdNaj9bu9prK4QsnJXEQtP
pinkcoin addy- 2PoeXyAk3rF9FmMC8azme2mGzMYsEiZ5eS
Note di rilascio: Changed colors and markers to be a little more aesthetic :)
Note di rilascio: Changed markers for better representation
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hey @pocketlint. I'm going through your scripts, as you seem to be working on what I'd love to have a solution for (eliminating noise in EMA), but your backtest reports are all losing. How can I see if this works?
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@Peter_O, You'll want to adjust your ema lengths to update a better code for the changes to market. These settings are a few months old now. Also, based on the coin/volume you'll want to make sure you have an optimal approach to your entries and exits (not all coins act the same of course).
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The accompanying backtest is not accurate for this chart. There is no backtest on this script. Feel free to do chart analysis from visuals to see entry/exit points :)
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