OPEN-SOURCE SCRIPT
Adaptive 12/48 EMA

The Adaptive 12/48 EMA is a trend-following indicator that dynamically changes color based on price positioning relative to key exponential moving averages (EMAs).
EMA Calculation:
The script calculates three EMAs—9 EMA (white), 12 EMA (adaptive color), and 48 EMA (adaptive color).
Trend Confirmation:
The 12 EMA turns green when the price (open, close, and low) is fully above it, indicating bullish momentum. The 12 EMA turns red when the price is fully below it, signaling bearish conditions.
Long-Term Trend (48 EMA):
The 48 EMA turns purple when the 12 EMA is above it, confirming an uptrend. The 48 EMA turns pink when the 12 EMA is below it, confirming a downtrend. Both EMAs turn gray when there's no clear trend.
How to Benefit from It:
Trend Trading: Use green/red shifts in the 12 EMA to time entries in the direction of momentum.
Trend Strength Confirmation: The 48 EMA color change helps determine the longer-term trend direction.
Confluence with Other Indicators: Works well with volume indicators or RSI for confirmation before entering trades.
This indicator provides a clear visual representation of trend strength and direction, helping traders make informed decisions based on price structure.
EMA Calculation:
The script calculates three EMAs—9 EMA (white), 12 EMA (adaptive color), and 48 EMA (adaptive color).
Trend Confirmation:
The 12 EMA turns green when the price (open, close, and low) is fully above it, indicating bullish momentum. The 12 EMA turns red when the price is fully below it, signaling bearish conditions.
Long-Term Trend (48 EMA):
The 48 EMA turns purple when the 12 EMA is above it, confirming an uptrend. The 48 EMA turns pink when the 12 EMA is below it, confirming a downtrend. Both EMAs turn gray when there's no clear trend.
How to Benefit from It:
Trend Trading: Use green/red shifts in the 12 EMA to time entries in the direction of momentum.
Trend Strength Confirmation: The 48 EMA color change helps determine the longer-term trend direction.
Confluence with Other Indicators: Works well with volume indicators or RSI for confirmation before entering trades.
This indicator provides a clear visual representation of trend strength and direction, helping traders make informed decisions based on price structure.
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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。