OPEN-SOURCE SCRIPT
EMA Crossover
This indicator uses an exponential moving average strategy to help you spot bullish uptrends or bearish downtrends. It utilises two exponential moving averages. Pre-set moving averages are available from the drop down options. Alternatively, custom moving averages can be defined.
When the smaller moving average is above the bigger moving average the colour and the background colour change to green. When the smaller moving average is below the bigger moving average the colour and background colour change to red.
When the smaller moving average is above the bigger moving average the colour and the background colour change to green. When the smaller moving average is below the bigger moving average the colour and background colour change to red.
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.