OPEN-SOURCE SCRIPT
6 EMA 20 EMA Crossover Alert
6 EMA 20 EMA Crossover Alert
The 6 EMA / 20 EMA setup is a simple trend-following tool using two exponential moving averages on a chart in TradingView.
The 6 EMA reacts quickly to price and tracks short-term momentum. The 20 EMA moves slower and represents the broader, short-term trend.
When the 6 EMA crosses above the 20 EMA, it suggests momentum is turning bullish. When it crosses below, it signals potential bearish momentum.
In plain English, it’s a quick way to see when short-term price action is starting to overpower the current trend.
The 6 EMA / 20 EMA setup is a simple trend-following tool using two exponential moving averages on a chart in TradingView.
The 6 EMA reacts quickly to price and tracks short-term momentum. The 20 EMA moves slower and represents the broader, short-term trend.
When the 6 EMA crosses above the 20 EMA, it suggests momentum is turning bullish. When it crosses below, it signals potential bearish momentum.
In plain English, it’s a quick way to see when short-term price action is starting to overpower the current trend.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.