OPEN-SOURCE SCRIPT

EMA 200 Direction Bands

257
A clean trend-direction tool built around the 200-period Exponential Moving Average — the most widely watched long-term trend line in technical analysis.
The EMA line dynamically changes color to reflect momentum:

🟢 Green — EMA is sloping upward (bullish trend)
🔴 Red — EMA is sloping downward (bearish trend)
⚪ Gray — EMA is flat (no momentum)

Two bands are plotted at ±1% above and below the EMA, acting as a dynamic support/resistance zone — price hugging or crossing these bands can signal trend strength or potential reversals.
Best used for:

Identifying the dominant market trend at a glance
Spotting price reactions near major moving average zones
Filtering trade entries — only trade longs above green EMA, shorts below red EMA

Simple, effective, and noise-free.

免責聲明

這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。