OPEN-SOURCE SCRIPT
5EMA Gap Indicator
Highlights the candle which has 5EMA gap, which will help traders understand if price is deviating too much from the 5EMA and can take reversal trades.
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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