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EMA/SMA Shading Indicator
EMA / SMA Shading Indicator
This tool plots three moving averages and uses colored shading to visually highlight shifts in momentum:
-Green shading (EMA4 > SMA20) indicates bullish momentum.
-Red shading (EMA4 < SMA20) shows bearish pressure.
-Teal shading (EMA4 > EMA20) suggests strong short-term momentum.
-Maroon shading (EMA4 < EMA20) signals weakness.
🔍 How to Use:
Trade in the direction of the shading.
Watch for color changes as early momentum shift signals.
Combine with price action or volume for confirmation.
Works on all timeframes and asset types. Designed for trend-following and momentum-based strategies.
This tool plots three moving averages and uses colored shading to visually highlight shifts in momentum:
-Green shading (EMA4 > SMA20) indicates bullish momentum.
-Red shading (EMA4 < SMA20) shows bearish pressure.
-Teal shading (EMA4 > EMA20) suggests strong short-term momentum.
-Maroon shading (EMA4 < EMA20) signals weakness.
🔍 How to Use:
Trade in the direction of the shading.
Watch for color changes as early momentum shift signals.
Combine with price action or volume for confirmation.
Works on all timeframes and asset types. Designed for trend-following and momentum-based strategies.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。