PROTECTED SOURCE SCRIPT
5 & 15 EMA Break Signal
Bullish (Buy) Signal:
When the 5 EMA crosses above the 15 EMA, it suggests that short-term momentum is stronger than the medium-term trend. This often indicates the start of an upward move.
Bearish (Sell) Signal:
When the 5 EMA crosses below the 15 EMA, it suggests that short-term momentum is weakening compared to the medium-term trend. This often signals the start of a downward move.
When the 5 EMA crosses above the 15 EMA, it suggests that short-term momentum is stronger than the medium-term trend. This often indicates the start of an upward move.
Bearish (Sell) Signal:
When the 5 EMA crosses below the 15 EMA, it suggests that short-term momentum is weakening compared to the medium-term trend. This often signals the start of a downward move.
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.