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EMA 🌦️indicator
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study("Double Top/Bottom + EMA Cloud", overlay=true)
// User inputs for double top/bottom
leftBars = input(8, "Left Bars", minval=1)
rightBars = input(5, "Right Bars", minval=1)
topTolerance = input(0.01, "Top Tolerance %", step=0.01)
bottomTolerance = input(0.02, "Bottom Tolerance %", step=0.01)
// Function to detect double top/bottom
doubleTopBottom() =_
isTop = false
isBottom = false
if i-leftBars _= 0 and i+rightBars _= bar_index
topDiff = abs(high[i] - high[0]) / high[0]
bottomDiff = abs(low[i] - low[0]) / low[0]
if topDiff _= topTolerance and high[i-leftBars] _ high[0] and high[i+rightBars] _ high[0]
isTop := true
if bottomDiff _= bottomTolerance and low[i-leftBars] _ low[0] and low[i+rightBars] _ low[0]
isBottom := true
[isTop, isBottom]
// Detect double top/bottom
[top, bottom] = doubleTopBottom()
// Plot signals for double top/bottom
plotshape(top, style=shape.triangledown, location=location.abovebar, color=#f19260)
plotshape(bottom, style=shape.triangleup, location=location.belowbar, color=#3179f5)
// Calculate EMAs for EMA cloud
ema8 = ema(close, 8)
ema18 = ema(close, 18)
ema28 = ema(close, 28)
// Plot EMAs for EMA cloud
p1 = plot(ema8, color=#5a6569, transp=88)
p2 = plot(ema18, color=#5d6a6b, transp=88)
p3 = plot(ema28, color=#5a6569, transp=88)
// Fill area between EMAs for EMA cloud
fill(p1, p2, color=ema8_ema18 ? #296ecf : #f57c00, transp=84)
fill(p2, p3, color=ema18_ema28 ? #296ecf : #f57c00, transp=84) Title: BGTrade and Its Future in Web 3.0
The advent of Web 3.0 has brought about significant changes in how we perceive and interact with the internet. One of the emerging trends in this new era of the web is the development of decentralized platforms, blockchain technologies, and decentralized finance (DeFi) applications. BGTrade, a cryptocurrency exchange platform, is positioned to play a crucial role in this evolving landscape. In this article, we will explore the concept of Web 3.0 and delve into the potential future of BGTrade within this decentralized digital frontier.
Understanding Web 3.0
Web 3.0 represents a paradigm shift from Web 2.0, which primarily focused on user-generated content, social media, and centralized services.
Challenges and Considerations
While BGTrade holds great promise in the Web 3.0 era, it will face challenges, including regulatory hurdles, competition, and the need for continuous innovation. Regulatory compliance will be crucial to ensure its longevity and trustworthiness in the eyes of users and authorities.
Conclusion
As Web 3.0 continues to evolve, BGTrade has the opportunity to embrace decentralization, interoperability, and user-centric principles to thrive in this new digital landscape. By staying at the forefront of blockchain technology and DeFi integration while addressing regulatory concerns, BGTrade can position itself as a vital player in the future of decentralized finance and trading.