OPEN-SOURCE SCRIPT
EMA 50, 100 & 200
This indicator displays three key Exponential Moving Averages (EMA 50, EMA 100, and EMA 200) directly on your chart.
It helps traders identify the overall market trend, key support and resistance zones, and potential momentum shifts.
EMA 50 (Green): Short-term trend, useful for identifying momentum changes.
EMA 100 (Blue): Mid-term trend, great for confirmation of direction.
EMA 200 (Red): Long-term trend, often used as a major support or resistance level by institutional traders.
How to use:
When price is above all three EMAs → strong bullish trend.
When price is below all three EMAs → strong bearish trend.
Crossovers between EMAs can indicate potential trend reversals.
This indicator is ideal for scalpers, swing traders, and long-term investors who want a clean, trend-focused view of the market.
It helps traders identify the overall market trend, key support and resistance zones, and potential momentum shifts.
EMA 50 (Green): Short-term trend, useful for identifying momentum changes.
EMA 100 (Blue): Mid-term trend, great for confirmation of direction.
EMA 200 (Red): Long-term trend, often used as a major support or resistance level by institutional traders.
How to use:
When price is above all three EMAs → strong bullish trend.
When price is below all three EMAs → strong bearish trend.
Crossovers between EMAs can indicate potential trend reversals.
This indicator is ideal for scalpers, swing traders, and long-term investors who want a clean, trend-focused view of the market.
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.