OPEN-SOURCE SCRIPT

EFI_Moving_avg

Updated

This script is based on EFI. It uses ema of efi to define whether the asset is in rise condition or fall condition. like any other indicators it is a little lazy.

Release Notes

just the name edited

Release Notes

I have made some changes. first of all the length decreased to 10 candles for the indicator to be more agile. second I made the EFI visible so they can be compared and there is something in this for those who can see ;)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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