OPEN-SOURCE SCRIPT
AZ Column Color
This indicator is based on ema cross-over (12,26).
In Thailand, the ema 12,26 Cross over is well known as the CDC-ACTION ZONE indicator.
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The definition of a bullish trend in this indicator is when the fast ema crosses up the slow ema .
The definition of a bearish trend is when the fast ema crosses down the slow ema .
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When fast ema is over slow ema the column will show in a green column and when fast ema is below slow ema the column will show in a red column.
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I have made this indicator for use with CDC-ACTION ZONE.
In Thailand, the ema 12,26 Cross over is well known as the CDC-ACTION ZONE indicator.
.
The definition of a bullish trend in this indicator is when the fast ema crosses up the slow ema .
The definition of a bearish trend is when the fast ema crosses down the slow ema .
.
When fast ema is over slow ema the column will show in a green column and when fast ema is below slow ema the column will show in a red column.
.
I have made this indicator for use with CDC-ACTION ZONE.
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