OPEN-SOURCE SCRIPT

WhiteFang 100 / 200 EMA ColorFlip

1215
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 les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.