OPEN-SOURCE SCRIPT

[JL] EMA Trading Zone

5 095
I want to make a script to help catch pullback on a strong trend.
This script display colors based on EMAs' slope.
The trading zone is calculated from EMA short + - ATR
if 2 EMA lines' slope both are more than an angle, then the trading zone is green color, it can be considered to place long orders.
if 2 EMA lines' slope both are less than a negative angle, then the trading zone is red color, it can be considered to place short orders.
Otherwise the zone is blue color.

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