OPEN-SOURCE SCRIPT
Michael's EMA

This indicator uses Michael's EMA breakout strategy to help you spot trends. It focuses on the EMA 12 and 21 crosses, when the lines cross they change color from green to red or red to green. This color switch makes it super simple to know which way the trend is going. Once you figure out the trend direction, you can use this info to find trades using Michael's breakout strategy.
Created by: bosswashere
Created by: bosswashere
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.