OPEN-SOURCE SCRIPT

Example of Code for Moving Average Cross - Changing Colors

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Famous 7 Time World Trading Champion Chuck Hughes found the 50 and 100 EMA to be the best Signal for a Change in Trend. Through extensive back-testing he found these EMA’s to give the earliest signal that also resulted in a Long-Term Change in Trend.

Dotted Line represents Long-Term EMA. The 100 EMA in this example.
Solid line represents the Short-Term EMA. The 50 EMA in this example.

If Short-Term EMA is ABOVE Long-Term EMA...Color = Green.
If Short-Term EMA is BELOW Long-Term EMA...Color = Red.

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