OPEN-SOURCE SCRIPT
EMAs
Description:
This indicator displays 10 separate Exponential Moving Averages (EMAs) on your chart to help you identify trend direction and potential support/resistance levels.
Unlike Simple Moving Averages (SMAs), EMAs place greater weight on recent price data, allowing for a faster reaction to price changes.
Key Features:
10 Customizable Lines: You can configure the length and source for up to 10 different EMAs.
Dynamic Coloring: The lines change color based on the relationship between the price and the EMA.
EMAs 1-5: Blue when price is above, Orange when price is below.
EMAs 6-10: Green when price is above, Red when price is below.
Visual Hierarchy: Key moving averages (default periods like 50, 200, 600) are rendered with thicker lines to make them stand out as major trend indicators.
Default Settings: The script comes with the following default periods, covering short to long-term trends: 9, 20, 50, 75, 100, 200, 250, 300, 400, 500, 600.
Hope you find this tool useful for your trend analysis!
This indicator displays 10 separate Exponential Moving Averages (EMAs) on your chart to help you identify trend direction and potential support/resistance levels.
Unlike Simple Moving Averages (SMAs), EMAs place greater weight on recent price data, allowing for a faster reaction to price changes.
Key Features:
10 Customizable Lines: You can configure the length and source for up to 10 different EMAs.
Dynamic Coloring: The lines change color based on the relationship between the price and the EMA.
EMAs 1-5: Blue when price is above, Orange when price is below.
EMAs 6-10: Green when price is above, Red when price is below.
Visual Hierarchy: Key moving averages (default periods like 50, 200, 600) are rendered with thicker lines to make them stand out as major trend indicators.
Default Settings: The script comes with the following default periods, covering short to long-term trends: 9, 20, 50, 75, 100, 200, 250, 300, 400, 500, 600.
Hope you find this tool useful for your trend analysis!
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。