OPEN-SOURCE SCRIPT
Log XZ

Very simple script that show the diffrence between ema vs rma and converting it to log type indicator
above 0 is buy
bellow zero sell
color buy trend is blue
color sell trend is red
can be used as nice filter to remove stupid signals
above 0 is buy
bellow zero sell
color buy trend is blue
color sell trend is red
can be used as nice filter to remove stupid signals
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.