OPEN-SOURCE SCRIPT

WhiteFang 100 / 200 EMA ColorFlip

1 502
This script combines the 100 and 200 EMA and exhibits colour changes ("colour flip") at price action crosses.

The intention here is to create an "at a glance trend indicator" to allow quick and accurate stock, forex and crypto screening prior to selecting targets for entry.
For example I find it prudent to select long when the PA is above both the White (100EMA) and Yellow (200EMA) - conversely selecting short when below Red (100EMA) and Orange (200EAM).

Other attributes:
- Multi timeframe compatible
- Easily to spot:
- golden cross = (white crossing over yellow), and
- Death cross ( red crossing below orange)

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.