OPEN-SOURCE SCRIPT

Zen rEMA v2

Updated
Rainbow Indicator
Release Notes
Indicator - rEMA (Rainbow EMA)

Credit Ali Moin-Afshari for his awesome material.

This indicator colours the moving average (MA) when there are consecutive bars.
Release Notes
Made more streamlined
Moving Averages

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 publication is governed by House rules. You can favorite it to use it on a chart.

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