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Siete100

EMA Slope

Siete100  
Trend Analysis Moving Averages Exponential Moving Average (EMA) slope
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10
trendanalysis movingaverage ema slope
This indicator shows the direction of the slope of an EMA.
*When the indicator shows green, it means the slope is positve.
*When the indicator shows red, it means the slope is negative.
*When the indicator shows blue, it means the slope is zero (very unlikely to happen).

This indicator could be useful to find out for how long a trend has been active without the need of checking every point of an EMA to assure is following the trend.
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This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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