Intraday: 20ema & 105ema on 30min — Indicator by MattDeLong

If you need help determining intraday trend, bullish or bearish, this is what I use. The value of this study/indicator is that it you can use any intraday time and regardless of the timeframe, it sill shows the lines on 30-min chart (doesn't show up on daily, weekly, monthly, intraday only)

HOW TO USE:
above both purple lines = bullish
below both purple lines = bearish
the gray zone=dead zone (neither bullish or bearish)

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

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.

Want to use this script on a chart?