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OPEN-SOURCE SCRIPT

EMA(20,50,200)

By CryptoNaut1000
Updated
Exponential Moving Average on last 20, 50 and 200 close prices.
Release Notes
Exponential Moving Average Indicator

Draws exponential moving average prices as a line chart for three different time frames.

1) The last 21 bars (close price)
2) The last 50 bars (close price)
3) The last 200 bars (close price)

In contrast to the SMA (Simple Moving Average), this moving average "stays closer to the current price", that is, reacting stronger to price changes.
Release Notes
Add another EMA(100) to the script. Reduce default transparency to 50%. Can be overridden in the settings.
Release Notes
*
  • Updated to PineScript v.5
  • Updated colors
  • Minor bug fixes
Exponential Moving Average (EMA)trendTrend 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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CryptoNaut1000

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