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Easy Read Short‑Term EMA Crossover

This TradingView panel shows a multi-indicator setup for analyzing the S&P 500 Index (SPX):
Main chart (top): displays price candles with two Exponential Moving Averages (EMA 8 and 21). When the short-term EMA (blue) crosses above the long-term EMA (red), it gives a Buy signal; when it crosses below, a Sell signal appears — helping identify short-term trend shifts.
Middle panel: shows the Easy-Read RSI, highlighting overbought (OB) and oversold (OS) zones. When RSI moves above 70 it signals potential weakness (sell), and below 30 suggests a rebound zone (buy).
Bottom panel: plots the Easy-Read MACD, which tracks momentum by comparing short- and long-term moving averages. When the MACD line crosses above the Signal line, it indicates bullish momentum; crossing below suggests bearish momentum.
Together, these three indicators provide a layered view of trend, momentum, and potential entry/exit points.
Main chart (top): displays price candles with two Exponential Moving Averages (EMA 8 and 21). When the short-term EMA (blue) crosses above the long-term EMA (red), it gives a Buy signal; when it crosses below, a Sell signal appears — helping identify short-term trend shifts.
Middle panel: shows the Easy-Read RSI, highlighting overbought (OB) and oversold (OS) zones. When RSI moves above 70 it signals potential weakness (sell), and below 30 suggests a rebound zone (buy).
Bottom panel: plots the Easy-Read MACD, which tracks momentum by comparing short- and long-term moving averages. When the MACD line crosses above the Signal line, it indicates bullish momentum; crossing below suggests bearish momentum.
Together, these three indicators provide a layered view of trend, momentum, and potential entry/exit points.
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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。