OPEN-SOURCE SCRIPT
EMA Lines for High, Low, and Close (20 & 100)
Description:
This script plots Exponential Moving Averages (EMA) for the High, Low, and Close prices using two customizable lengths:
20 EMA: Short-term trend indicator (plotted in green).
100 EMA: Long-term trend indicator (plotted in yellow).
Features:
Six distinct lines for better trend visualization:
20 EMA (High, Low, Close).
100 EMA (High, Low, Close).
Customizable lengths for both EMA groups.
Clean and minimalistic design to focus on price movements.
Use Case:
Identify dynamic support and resistance levels.
Analyze short-term and long-term trends.
Combine with other indicators for enhanced trading strategies.
This script plots Exponential Moving Averages (EMA) for the High, Low, and Close prices using two customizable lengths:
20 EMA: Short-term trend indicator (plotted in green).
100 EMA: Long-term trend indicator (plotted in yellow).
Features:
Six distinct lines for better trend visualization:
20 EMA (High, Low, Close).
100 EMA (High, Low, Close).
Customizable lengths for both EMA groups.
Clean and minimalistic design to focus on price movements.
Use Case:
Identify dynamic support and resistance levels.
Analyze short-term and long-term trends.
Combine with other indicators for enhanced trading strategies.
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.
Want to use this script on a chart?
GarimaMigllani
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.