OPEN-SOURCE SCRIPT

2 Exponential Moving Averages

Updated
The Power of the 8 & 21 Day Moving Averages
Traders often ask me why I talk about the 8 & 21 day moving averages so much. Whether you see me on CNBC, Twitter, or the Virtual Trading Floor®, odds are you'll see me talking about them.

It's because these moving averages are the most accurate short-term road map I've found.

https://www.t3live.com/blog/2017/12/04/scott-redler-moving-averages/
Release Notes
Changed the color to match the blog
Release Notes
Changed it from EMA to SMA
Moving AveragesTrend Analysis

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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