My friend Andre created a fantastic Trading View Indicator that can plot MA (total 8) EMA (also 8) Ichimoku as well as Bollinger Bands. So in total, you can try 18 different variations. He is giving it away for free to the trading community.
Here is the link
So I spoke to Andre about the indicator
Trading Room: So Andre what does the indicator do & how to use it?
Andre: So the main reason why I decided to code this indicator was just because I was using a free account and I wanted to use multiple indicators such as EMA 12, EMA 26, EMA 55, EMA 200, RSI and MACD.
However, as you know, a free TradingView Account only allows up to 3 indicators and the PRO version (9.95$ per month) allowed up to 5 indicators, the PRO+ version (19.95$ per month) allowed up to 10 indicators and the Premium version (39.95$ per month) allowed up to 25 indicators.
Since the main reason I created my twitter account was to show that anyone could learn crypto trading for free if they and also share my experience and all the with any new traders, I decided to check if I could just build what I needed and played around with Pine(Tradingview scripting language) and figured out that I could just add any indicator I was with one restriction, any indicators I coded could only be displayed on the same panel (this is due to Pine’s own limitations).
So I just arbitrarily chose to add 8 EMA, 8 MA, 1 BB, and 1 Ichimoku cloud into the same indicator which would be versatile enough to allow the user to use up to 8 EMA and 8 MA in 1 indicator and use the remaining 2 indicators to maybe choose MACD and RSI.
I also added the ability to hide/show any indicator on the fly and allowed the user to configure the different indicators’ settings as they see fit.
How to test the Trading View Indicator?
- Log into tradingview and choose your currency pair (ex: BTCUSDT)
- Click on indicators and search for: Andre’s 8EMA+8MA+BB+Ichimoku
- Add it as an indicator
- Click on format and input configure the settings you need and click on the checkboxes to hide or show the indicators depending on your strategy.
On top of that I have created a small tutorial video for new users:
You can follow Andre on Twitter @Andre_S_Journey
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