EMA Multiple Overlay OHLC — Indicator by AgentSmith007

An EMA Rainbow utilizing the range of a bar and adding back in the equation of the close-open. (close-open) yields either a positive or negative integer. So, it includes the weight of which way a price bar was printed; bullish or bearish. You will be able to judge the gravity of a markets trend, especially when approaching support/resistance zones. A choppy market will also be apparent, if all you see are noodles. Naturally, mass crossovers and line separation will dictate the veracity of the trend. Study and use with other indicators for better success. Trade at your own risk. Free to all--Hope you like it. :)

Open-source script

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