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Are you saying that each line of the rainbow is an ema that has been smoothed by a 15 period ema? |
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Line 1 = Black = 2 period ema
Line 12 = Green = 24 period ema
Line 49 = Magenta = 100 period ema
But... the price for all of these is "VarMA"
Still sorting out how Price=VarMA is put together.
The intermediate stages in making up VarMA seem to use 15 period ema.
It may be more like there is an array of 15 period ema prices, one for each bar.
Line 1 takes a 2 period ema from that array.
Line 49 takes a 100 period ema from that array.
An ema of an ema, modulated is one word for it.
But there is also conditional stuff that gives the flat region.