Colored EMA

CAD/JPYOANDA

Description

⋅ Jun 4, 2018 7:29 AM

This is a modified version of the exponential moving average indicator to change color based on trend (red/bearish if price has closed below EMA, green/bullish if price has closed above EMA).

Release Notes

⋅ Jun 15, 2018 3:05 AM

Made color change only after previous candle closed above/below EMA instead of current candle (looks better).

Release Notes

⋅ Jun 15, 2018 3:10 AM

Minor improvements :)

Release Notes

⋅ Feb 17, 2019 3:02 AM

Minor improvements

Release Notes

⋅ Sep 28, 2020 3:43 AM

Updated to Pine Script version 4

Release Notes

⋅ Feb 1, 2022 3:01 AM

Updated to Pine Script v5

Trend Analysis Moving Averages Exponential Moving Average (EMA)color colored colour coloured exponential

Comments

shielavisuals

⋅ Dec 26, 2020 5:07 AM

Hello sir how can I add multiple ema in 1 script because I kept getting error

sumi11

⋅ Jan 4, 2023 5:51 PM

How to make an indicator like this but the color changes to bullish and bearish when two ema crossover happens?

baloochasgar9

⋅ Aug 11, 2022 10:50 AM

aqpclimber

⋅ Aug 26, 2020 7:03 PM

Thank you!