OPEN-SOURCE SCRIPT
EMA of Highs/Lows with 3 day lookback colour change, by CanUK101
Forms a key part of a trend following trading system.
Shows a channel formed by 2 EMA lines that use the highs and lows as inputs.
The 3 day look-back changes the colour of the line to denote rising and falling EMA .
Shows a channel formed by 2 EMA lines that use the highs and lows as inputs.
The 3 day look-back changes the colour of the line to denote rising and falling EMA .
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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