PROTECTED SOURCE SCRIPT
Updated Zays ema

Hey, as the creator of “zays ema” I’m proud to have coded such an indicator with much potential ,this indicator, unlike many, references a moving average on a lower time frame, and when applied to a chart you’ll see that when price is either above or below this moving average it will always return back to base to acquire equity, I use that term in full to the fact that, when price is on this moving average it will either consolidate for a period of time or react violently to the upside or downside. This is to be used as a conformation indicator For any other implemented strategy. thank you for your time, have fun :).
Release Notes
this version sends an alert when price is greater then the equity lineProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.