OPEN-SOURCE SCRIPT

Triple EMA

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Triple EMA Overlay is a simple trend-following indicator that plots three customizable exponential moving averages on the chart: 9 EMA, 21 EMA, and 50 EMA. It is designed to help traders quickly identify trend direction, dynamic support and resistance, and potential crossover zones.

Features
3 EMA lines on the chart.

Fully customizable EMA lengths.

Fully customizable line colors.

Adjustable line thickness for each EMA.

Default settings: 9 EMA green, 21 EMA blue, 50 EMA red.

How to use
Use the 9 EMA for short-term momentum.

Use the 21 EMA for medium-term trend confirmation.

Use the 50 EMA for broader trend direction.

A bullish bias is generally stronger when price stays above all three EMAs.

A bearish bias is generally stronger when price stays below all three EMAs.

This script is intended for visual analysis and can be used on any timeframe.

כתב ויתור

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