OPEN-SOURCE SCRIPT
Updated 300/200 EMA Spread Heatmap
Highlights the difference between 300 and 200 EMA to indicated potential over extensions in breakout structures.
Release Notes
maybe this works nowRelease Notes
PATCH NOTES:I made it so that the inputted percentage difference can be configurable to your own strategy.
I also updated the Yellow, Dark Yellow, and Red colors so that they better distinguishable. Thank you for the support :)
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.