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EMA 50 200 Band

This indicator displays the Exponential Moving Averages (EMA) with periods of 50 and 200 and visually highlights the areas between the two lines. The color coding helps to quickly identify trends:

Green: EMA 50 is above EMA 200 (bullish signal).
Red: EMA 50 is below EMA 200 (bearish signal).

This tool is especially useful for trend analysis and can act as a filter for buy and sell signals. It is suitable for day trading or swing trading across various timeframes.
Bands and ChannelsExponential Moving Average (EMA)Moving Averages

開源腳本

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