EMA23 — Indicator by nimit.chomnawang

Show a green up-triangle when EMA(2,close) > EMA(3,close) and a red down-triangle when EMA(2,close) <= EMA(3,close).

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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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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Want to use this script on a chart?

study(title="EMA23", shorttitle="EMA23", overlay=true)
ema2 = ema(close,2)
ema3 = ema(close,3)
data = ema2 > ema3
plotshape(data, style=shape.triangleup, location=location.abovebar, color=green)
plotshape(not data, style=shape.triangledown, location=location.belowbar, color=red)