OPEN-SOURCE SCRIPT

Background Color Based on EMA

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Hello Traders,

this is a very simple script. It paints the background color based on the close price in reference to an exponential moving average.

If the close is above the EMA the background color will be green.

If the close is under the EMA the background color will be red.

You can adjust colors and the EMA period by yourself.

This little indicator script is just to get a better overview, for example in combination with other indicators.

Hope you guys like this script. Wish you a great trading week.


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