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omcmedusa

Elevated EMAs

omcmedusa Updated   
Moving Averages
8
0
movingaverage
Elevated EMAs allows you to select up to 4 high time frame EMAs. The indicator tracks the difference in price as it relates to those EMAs. Difference is then normalized and displayed on a scale of 0 - 100. This allows the user to track major EMA's approaching price action on lower time frames.

Center Line is always EMA.

Good trading to all!
Release Notes:
Color scheme change
Protected script
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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