OPEN-SOURCE SCRIPT
Atualizado Ranging EMA Spread
An attempt at identifying ranging price behavior at EMA crossover points.
I noticed that when price consolidates that the spread between two EMAs at times will sort of fluctuate between a tight range before it breaks out.
Basically this just highlights the bars that are within a predefined EMA spread percentage range for X amount of bars.
Sometimes the crossovers just happen cleanly, but the above example sort of illustrates my idea.
I noticed that when price consolidates that the spread between two EMAs at times will sort of fluctuate between a tight range before it breaks out.
Basically this just highlights the bars that are within a predefined EMA spread percentage range for X amount of bars.
Sometimes the crossovers just happen cleanly, but the above example sort of illustrates my idea.
Notas de Lançamento
Added optional bar colors. They're off by default.Script de código aberto
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Aviso legal
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.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
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.