I have now updated the pine script I published a while ago with one of the new features introduced today.
The new script now has a much smaller footprint on your chart, as it now changes the background color according to which EMAs are crossed. The option to change the threshold is now accessible through the 'Inputs' tab when accessing the script settings.
If you like it I would be happy about a small donation.
Questions or Comments? Just send me a PM or post in the comments section below!