OPEN-SOURCE SCRIPT
Triple EMA Shading (13/48/200)

Description
This indicator plots three key Exponential Moving Averages (EMAs) to help identify short-, medium-, and long-term trends with high visual clarity:
EMA13 (green, thick) – captures short-term momentum.
EMA48 (yellow, thick) – represents medium-term trend direction.
EMA200 (red, thick) – acts as a long-term trend filter.
To enhance trend visualization, the indicator uses color shading between the EMAs:
Green shading appears when the faster EMA is above the slower EMA — indicating a bullish bias.
Red shading appears when the faster EMA is below the slower EMA — signaling bearish conditions.
This makes it easy to spot:
Momentum shifts and trend transitions
Pullbacks during trends
Potential entry/exit zones based on EMA crossovers
How to Use
-Trend Following: Enter long positions when EMA13 is above EMA48 and both are above EMA200.
-Trend Reversals: Watch for color changes in the shading to signal potential momentum shifts.
-Trend Filtering: Use the EMA200 as a bias filter — only take trades in the direction of the longer-term trend.
Works well on any timeframe or asset. Ideal for traders who want clean visual cues for trend strength and momentum alignment.
This indicator plots three key Exponential Moving Averages (EMAs) to help identify short-, medium-, and long-term trends with high visual clarity:
EMA13 (green, thick) – captures short-term momentum.
EMA48 (yellow, thick) – represents medium-term trend direction.
EMA200 (red, thick) – acts as a long-term trend filter.
To enhance trend visualization, the indicator uses color shading between the EMAs:
Green shading appears when the faster EMA is above the slower EMA — indicating a bullish bias.
Red shading appears when the faster EMA is below the slower EMA — signaling bearish conditions.
This makes it easy to spot:
Momentum shifts and trend transitions
Pullbacks during trends
Potential entry/exit zones based on EMA crossovers
How to Use
-Trend Following: Enter long positions when EMA13 is above EMA48 and both are above EMA200.
-Trend Reversals: Watch for color changes in the shading to signal potential momentum shifts.
-Trend Filtering: Use the EMA200 as a bias filter — only take trades in the direction of the longer-term trend.
Works well on any timeframe or asset. Ideal for traders who want clean visual cues for trend strength and momentum alignment.
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。
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。