To read the indictor:
- Green Line - Close price is above the EMA
- Red Line - Close price is below the EMA .
If you wish to have this indicator customised, please do not hesitate to contact me.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.