PROTECTED SOURCE SCRIPT
EMA Multi Background System FIX
This indicator automatically classifies three EMAs (short, mid, long) into high, mid, and low levels, and changes the background color based on the candle’s position relative to them.
Above the high EMA → light red background
Below the high EMA → light blue background
Above/below the mid EMA → aqua/light yellow background
Above/below the low EMA → light purple/brown background
It provides a clear visual representation of trend conditions and the candle’s position relative to key EMA levels.
Above the high EMA → light red background
Below the high EMA → light blue background
Above/below the mid EMA → aqua/light yellow background
Above/below the low EMA → light purple/brown background
It provides a clear visual representation of trend conditions and the candle’s position relative to key EMA levels.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.