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EMAs Mago Trader

For those traders and students who follow the famous brazilian trader Igor Rodrigues (Mago Trader) here it is his famous 2 EMAs - based on Phi ratios - and packed with a twist: a Filling Area, to easily and visually spot the corresponding trend on the chart. You can turn On and Off this filling.

If you don't know Igor Rodrigues and you are a brazilian trader and student, just google for him...

Very simple and useful indicator.


If you are looking also for the MACD-based indicator of this trader, here it is:

MACD Mago Trader


SETTINGS

  • Period for the FAST EMA. For M1=21 / M5|D|W|M=17 / M15|M60=27
  • Period for the SLOW EMA. For M1=42 / M5|D|W|M=34 / M15|M60=55 
  • Smoothing method to be applied - EMA is recommended
  • Price Type to be used.
  • Activate the Area Filling between the 2 EMAs: On | Off

Sometimes turning ON/OFF the filling may cause some refresh problemas, just decide how you would like the indicator to be displayed on your chart, and simply restart your platform... ;)


If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)



Reviews 1
Detleff Böhmer
1088
Detleff Böhmer 2020.07.17 08:46 
 

Danke Flavio für diesen einfachen Indikator, man kann damit sehr gut arbeiten.

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Detleff Böhmer
1088
Detleff Böhmer 2020.07.17 08:46 
 

Danke Flavio für diesen einfachen Indikator, man kann damit sehr gut arbeiten.

Version 1.1 2020.07.28
:: Fixed bug when switching Filling Modes...