OPEN-SOURCE SCRIPT
Dual EMA (9 & 16) Customizable
📈 Dual EMA Indicator (Customizable & Preset Based)
The Dual EMA Indicator is a simple yet powerful trend-following tool that plots two Exponential Moving Averages (EMAs) on the price chart. It is designed for scalpers, intraday traders, and swing traders who rely on EMA crossovers and trend direction for decision-making.
This indicator allows full customization of both EMAs, including length, color, source, line width, and offset. Users can also enable or disable each EMA individually, keeping the chart clean and focused.
To make trading faster and easier, built-in preset EMA combinations such as 5–9, 9–21, and 16–34 are provided, which are commonly used for scalping and trend trading. A Custom mode is also available for traders who prefer their own EMA settings.
🔑 Key Features
Two EMAs in a single indicator
Preset EMA pairs for scalping and intraday trading
Fully customizable EMA lengths and sources
Change colors, line width, and offset
Enable/disable each EMA with a checkbox
Clean and lightweight with no lag
📊 How to Use
Fast EMA above Slow EMA → Bullish trend
Fast EMA below Slow EMA → Bearish trend
EMA crossovers can be used for entry and exit confirmation
Works well on 1m, 3m, 5m, 15m, and higher timeframes
This indicator is ideal for traders who want a simple, flexible, and reliable EMA setup without cluttering their charts.
The Dual EMA Indicator is a simple yet powerful trend-following tool that plots two Exponential Moving Averages (EMAs) on the price chart. It is designed for scalpers, intraday traders, and swing traders who rely on EMA crossovers and trend direction for decision-making.
This indicator allows full customization of both EMAs, including length, color, source, line width, and offset. Users can also enable or disable each EMA individually, keeping the chart clean and focused.
To make trading faster and easier, built-in preset EMA combinations such as 5–9, 9–21, and 16–34 are provided, which are commonly used for scalping and trend trading. A Custom mode is also available for traders who prefer their own EMA settings.
🔑 Key Features
Two EMAs in a single indicator
Preset EMA pairs for scalping and intraday trading
Fully customizable EMA lengths and sources
Change colors, line width, and offset
Enable/disable each EMA with a checkbox
Clean and lightweight with no lag
📊 How to Use
Fast EMA above Slow EMA → Bullish trend
Fast EMA below Slow EMA → Bearish trend
EMA crossovers can be used for entry and exit confirmation
Works well on 1m, 3m, 5m, 15m, and higher timeframes
This indicator is ideal for traders who want a simple, flexible, and reliable EMA setup without cluttering their charts.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.