OPEN-SOURCE SCRIPT
EMA TREND
This EMA Trend indicator uses the 13 EMA, 21 EMA, and 34 EMA in the following color codes of Green for 13 EMA, Yellow for 21 EMA, and Red for 34 EMA lines to demonstrate overall trend when applied to the chart. Instead of just one EMA line, using three EMA lines to determine the trend. Use this indicator to in the following method. If the green angled up along with yellow and red, there is strong upward trend. If the green crosses below the yellow, trend is waning. If the red is on top of the yellow and green with downward slope, there is a strong downward trend.
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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