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We script this one for combining VWAP , EMA50 and EMA200. The tool is fantastic if traders know how VWAP , EMA work?
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The script calculates an plots first and second derivatives of a EMA of "length" periods, with a default value of 21 periods.
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This idea is from Million Eric on X. I am his follower and try to convert his idea into a Pine Script with my understanding of technical indicators. The Zero-Lag EMA Band is a sophisticated technical analysis tool designed to provide traders with a comprehensive view of market trends. This innovative indicator merges the Zero-Lag EMA, a derivative of the traditional Exponential Moving Average, with Bollinger Bands to create a unique trend indicator that is less laggy and more responsive to market changes.
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# MVRV Z Score and MVRV Free Float Z-Score MVRV Z Score and MVRV Free Float Z-Score MVRV Z Score and MVRV Free Float Z-Score IMPORTANT: This script needs as much historic data as possible. Please run it on BTCUSD, BLX or another chart of sufficient length. MVRV The