Emas *MTC* — Indicator by Alex_Chart

ema trendanalysis emas trend

This indicator not only combines 3 essential tools for all traders, i.e. the 12, 26 and 200 EMAs, but also offers an elegant way to chart them:
the 200 ema changes color (red or green) based on its position (above or below the price), while the 12 and 26 ema fill with a green or red color based on the trend they identify. Through the settings it is possible to change the period of all 3 ema and obviously set the colors you prefer. Time is often money and having an overview of the current trend at a glance is not to be underestimated.
Combine it with your trading tools and it will be a guide to action for you!

Release Notes:

default colors changed

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Alex_Chart for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

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Author's instructions

Through the settings it is possible to change the period of all 3 ema and obviously set the colors you prefer.

Want to use this script on a chart?

Warning: please read before requesting access.