Ichimoku-Trading

Background Color Based on EMA

Hello Traders,

this is a very simple script. It paints the background color based on the close price in reference to an exponential moving average .

If the close is above the EMA the background color will be green.

If the close is under the EMA the background color will be red.

You can adjust colors and the EMA period by yourself.

This little indicator script is just to get a better overview, for example in combination with other indicators.

Hope you guys like this script. Wish you a great trading week.


Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out