OPEN-SOURCE SCRIPT

EMA Slope/Angle Oscillator

12 761
EMA Slope/Angle Oscillator, Multiple Moving Average Oscillator, Multiple type
Moving Averages HMA,EMA,WMA,SMA, VWMA,VWAP provided.

The angle is calculated between the Slow MA and Fast MA and the difference between the angle is plotted as Histogram.
Additionally Buy Sell Signals are plotted as green and red Dots.
its very easy to judge the movement of price Bearish/Bullish.

  • Bearish if price below 0 line
  • Bullish if price above 0 line
  • Zero crossing is Moving Average Crossover.


Trend Filter is provided to filter opposite signals.
Angle Threshold is provided to filter low angle false signals.
Dead zone is plotted around Zero Line. Trades can be taken after Threshold angle or Dead zone is crossed
Its interesting to see how different Moving Averages move along with price Action.

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.