3 EMA Levels Trading Indicator
3 EMA Levels Trading Indicator draws three horizontal lines on the price chart, the levels of which correspond to the current values of moving average EMA with a period of 200 on the H1, H4 and D1 timeframes.
At the same time, the indicator 3 EMA Levels further manages these levels, moving them to the current value of the moving average.
3 EMA Levels Trading Indicator can be effectively used to assess the current price position and orientation on the lower timeframes, so that you do not have to often switch to higher, and the lines themselves can serve as support and resistance levels.
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How can I calculate the 3 EMA Levels indicator?