OPEN-SOURCE SCRIPT
DeadCatBounce Longer EMA Trend
DeadCatBounce Longer EMA Trend
DeadCatBounce Longer EMA Trend is a higher-timeframe trend-following indicator built around two widely respected exponential moving averages: the 100 EMA and 200 EMA. It is designed to help traders identify overall market bias, long-term trend direction, and key dynamic support and resistance zones.
How It Works
The indicator calculates and plots:
100 EMA – medium-to-long-term trend guidance
200 EMA – major trend and market bias reference
Trend direction is determined by the relationship between these two EMAs. When price holds above or below them, it provides clear insight into whether the market is in a bullish or bearish long-term structure.
These EMAs are commonly used by institutional and swing traders to define trend alignment and filter lower-timeframe trade setups.
Features:
This indicator offers a clean and reliable view of long-term EMA trend structure without unnecessary signals or clutter, making it a perfect companion to shorter-term momentum tools.
DeadCatBounce Longer EMA Trend is a higher-timeframe trend-following indicator built around two widely respected exponential moving averages: the 100 EMA and 200 EMA. It is designed to help traders identify overall market bias, long-term trend direction, and key dynamic support and resistance zones.
How It Works
The indicator calculates and plots:
100 EMA – medium-to-long-term trend guidance
200 EMA – major trend and market bias reference
Trend direction is determined by the relationship between these two EMAs. When price holds above or below them, it provides clear insight into whether the market is in a bullish or bearish long-term structure.
These EMAs are commonly used by institutional and swing traders to define trend alignment and filter lower-timeframe trade setups.
Features:
- Clean overlay of 100 EMA and 200 EMA
- Customizable colors for each EMA
- Ideal for trend confirmation and bias filtering
- Works across all markets and timeframes
This indicator offers a clean and reliable view of long-term EMA trend structure without unnecessary signals or clutter, making it a perfect companion to shorter-term momentum tools.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
x.com/DCBcrypto
When everyone sold, the cat bounced.
When everyone sold, the cat bounced.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
x.com/DCBcrypto
When everyone sold, the cat bounced.
When everyone sold, the cat bounced.
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.