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EMA Slope Divergence Scale

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EMA Slope Divergence Scale is a custom indicator that visualizes the difference in slope between two exponential moving averages (EMAs) to reveal momentum shifts with precision. By measuring the rate of change of each EMA over a user-defined lookback period, the indicator plots a color-coded histogram that highlights the magnitude and direction of divergence between the short- and long-term EMAs. Each bar is dynamically colored based on divergence intensity—from minimal to extreme—allowing traders to quickly assess acceleration or deceleration in trend momentum. Adjustable EMA lengths, lookback settings, and color tiers make this tool highly customizable for any market or timeframe.

Penafian

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