OPEN-SOURCE SCRIPT
EMA 200 - 50 - 20 | Davide Buncuga
This script displays three key Exponential Moving Averages (EMAs) on the chart: EMA 200, EMA 50, and EMA 20.
These moving averages are commonly used by traders to identify the overall market trend, medium-term structure, and short-term momentum.
EMA 200 – Represents the long-term trend and acts as a dynamic support/resistance.
EMA 50 – Used to identify the medium-term direction of the market.
EMA 20 – Highlights short-term momentum and pullback areas within the trend.
This indicator is designed to help traders quickly analyze market structure and align their trading decisions with the dominant trend.
These moving averages are commonly used by traders to identify the overall market trend, medium-term structure, and short-term momentum.
EMA 200 – Represents the long-term trend and acts as a dynamic support/resistance.
EMA 50 – Used to identify the medium-term direction of the market.
EMA 20 – Highlights short-term momentum and pullback areas within the trend.
This indicator is designed to help traders quickly analyze market structure and align their trading decisions with the dominant trend.
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.
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.
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.