OPEN-SOURCE SCRIPT
MA(40)
MA(40)
This script plots a 40-period Exponential Moving Average (EMA) in red and fills the area between the EMA and the zero line with a semi-transparent red color.
- 40-period EMA: A smoothed trend line of the price.
- Red color: Both the EMA and fill are in red for clarity.
- Fill: Highlights the area between the EMA and zero.
This indicator helps visualize the long-term trend and price movement over 40 periods.
This script plots a 40-period Exponential Moving Average (EMA) in red and fills the area between the EMA and the zero line with a semi-transparent red color.
- 40-period EMA: A smoothed trend line of the price.
- Red color: Both the EMA and fill are in red for clarity.
- Fill: Highlights the area between the EMA and zero.
This indicator helps visualize the long-term trend and price movement over 40 periods.
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