OPEN-SOURCE SCRIPT

EMA 9/20/50/100/200

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This script plots the five most commonly used Exponential Moving Averages (EMAs): 9, 20, 50, 100, and 200. These EMAs help traders quickly identify short-term momentum, medium-term trends, and long-term market direction.

It is useful for:

Trend identification

Momentum confirmation

Pullback entries

Reversal detection

Multi-timeframe confluence trading

What’s Included

EMA 9 → short-term momentum

EMA 20 → near-term trend guide

EMA 50 → medium-term trend

EMA 100 → broad trend structure

EMA 200 → long-term direction

Each EMA is color-coded for clarity, making it easy to read and visually track trend shifts.

How to Use

When shorter EMAs cross above longer EMAs → bullish trend strengthening

When shorter EMAs cross below longer EMAs → bearish trend strengthening

Wide spacing between EMAs indicates a strong trend

Compression or clustering often signals potential reversals or breakout conditions

This indicator is simple, clean, and effective for all timeframes and asset classes.

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