thekiosk

3 EMA Indicator Action Zone

3 EMA:
Fast: 15
Medium: 89
Slow: 200

Green = Price > Fast and Fast > Medium and Medium > Slow
Blue = Price > Fast and Fast > Medium and Medium < Slow
Aqua = (Price > Fast and Fast < Medium and Medium > Slow) or (Price > Fast and Fast < Medium and Medium < Slow)

Yellow = (Price < Fast and Fast > Medium and Medium > Slow) or (Price < Fast and Fast > Medium and Medium < Slow)
Brown = Price < Fast and Fast < Medium and Medium > Slow
Red = Price < Fast and Fast < Medium and Medium < Slow


Buy if green
Sell when Red

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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