OPEN-SOURCE SCRIPT
Mis à jour

Ranging EMA Spread

4 255
An attempt at identifying ranging price behavior at EMA crossover points.

I noticed that when price consolidates that the spread between two EMAs at times will sort of fluctuate between a tight range before it breaks out.

Basically this just highlights the bars that are within a predefined EMA spread percentage range for X amount of bars.

Sometimes the crossovers just happen cleanly, but the above example sort of illustrates my idea.
Notes de version
Added optional bar colors. They're off by default.

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.