OPEN-SOURCE SCRIPT
9 EMA, 12 EMA, and 26 EMA
Features of the Indicator:
Three EMA Calculations:
9-EMA: A fast-moving average to capture short-term trends.
12-EMA: A slightly slower average, often paired with 26-EMA for MACD-like analysis.
26-EMA: A slower average representing longer-term trends.
Visualization:
The three EMAs are plotted with different colors:
Blue: 9-EMA
Orange: 12-EMA
Red: 26-EMA
Background Highlight (Optional):
A green background indicates a bullish condition (9-EMA > 12-EMA > 26-EMA).
A red background signals a bearish condition (9-EMA < 12-EMA < 26-EMA).
Background highlighting can be toggled on/off in the settings.
How to Use:
Use this indicator to identify the direction of short-, medium-, and long-term trends by observing the relationship between the three EMAs.
The background highlighting helps quickly spot bullish or bearish momentum shifts.
Let me know if you'd like any modifications or additional features!
Three EMA Calculations:
9-EMA: A fast-moving average to capture short-term trends.
12-EMA: A slightly slower average, often paired with 26-EMA for MACD-like analysis.
26-EMA: A slower average representing longer-term trends.
Visualization:
The three EMAs are plotted with different colors:
Blue: 9-EMA
Orange: 12-EMA
Red: 26-EMA
Background Highlight (Optional):
A green background indicates a bullish condition (9-EMA > 12-EMA > 26-EMA).
A red background signals a bearish condition (9-EMA < 12-EMA < 26-EMA).
Background highlighting can be toggled on/off in the settings.
How to Use:
Use this indicator to identify the direction of short-, medium-, and long-term trends by observing the relationship between the three EMAs.
The background highlighting helps quickly spot bullish or bearish momentum shifts.
Let me know if you'd like any modifications or additional features!
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
Quer usar esse script no gráfico?
Aviso legal
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