OPEN-SOURCE SCRIPT
EMA TREND
This EMA Trend indicator uses the 13 EMA, 21 EMA, and 34 EMA in the following color codes of Green for 13 EMA, Yellow for 21 EMA, and Red for 34 EMA lines to demonstrate overall trend when applied to the chart. Instead of just one EMA line, using three EMA lines to determine the trend. Use this indicator to in the following method. If the green angled up along with yellow and red, there is strong upward trend. If the green crosses below the yellow, trend is waning. If the red is on top of the yellow and green with downward slope, there is a strong downward trend.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.