OPEN-SOURCE SCRIPT
9 EMA Full Candle Highlight (Bars Only)
This indicator highlights individual candles that close completely above or completely below the 9 EMA.
A candle turns yellow only when the entire candle (body and wicks) is fully on one side of the 9 EMA:
• Fully above EMA → low is above the 9 EMA
• Fully below EMA → high is below the 9 EMA
Candles that touch or cross the EMA are ignored.
Only the specific candle bar is colored — no background shading, no columns, and no extra signals — keeping the chart clean and distraction-free.
Purpose
Designed for simple, rule-based trading with minimal decisions. It visually marks strong momentum candles while filtering out chop around the EMA.
How to use
• Yellow candle above → bullish momentum
• Yellow candle below → bearish momentum
• No highlight → no clear edge
Best used on:
• 5-minute charts
• SPY / highly liquid ETFs
• Trend-following strategies
A candle turns yellow only when the entire candle (body and wicks) is fully on one side of the 9 EMA:
• Fully above EMA → low is above the 9 EMA
• Fully below EMA → high is below the 9 EMA
Candles that touch or cross the EMA are ignored.
Only the specific candle bar is colored — no background shading, no columns, and no extra signals — keeping the chart clean and distraction-free.
Purpose
Designed for simple, rule-based trading with minimal decisions. It visually marks strong momentum candles while filtering out chop around the EMA.
How to use
• Yellow candle above → bullish momentum
• Yellow candle below → bearish momentum
• No highlight → no clear edge
Best used on:
• 5-minute charts
• SPY / highly liquid ETFs
• Trend-following strategies
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.