200 ema dangezone This script tracks price interaction with the 200 EMA on the 1-minute chart and highlights key regions:
Purple: No-trade zone, indicating recent proximity to the 200 EMA.
Green: Trending upward, price above the 200 EMA.
Red: Trending downward, price below the 200 EMA.
Use this indicator to identify safe trading opportunities while avoiding high-risk zones near the EMA.