PROTECTED SOURCE SCRIPT
EMA 8 & EMA 21
Momentum change is calculated using two different exponential moving averages (8 and 21), and the values are shown with green (8 EMA) and red (21 EMA) lines.
When the price is above the 8 and 21 EMAs, and both EMA lines are pointing upwards, an increase in volume signals that the price may rise.
Don't forget to use a stop-loss order when trading.
When the price is above the 8 and 21 EMAs, and both EMA lines are pointing upwards, an increase in volume signals that the price may rise.
Don't forget to use a stop-loss order when trading.
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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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.