OPEN-SOURCE SCRIPT

WhiteFang 100 / 200 EMA ColorFlip

1 486
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)

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.