OPEN-SOURCE SCRIPT
10 EMA, 20 EMA & 50 SMA
This script plots three key moving averages on the price chart to help identify trends and potential trade opportunities:
10 EMA (Exponential Moving Average):
A fast-reacting average that captures short-term price momentum. Useful for spotting quick trend changes.
20 EMA (Exponential Moving Average):
A medium-term average that smooths out more noise while still being responsive to price changes.
50 SMA (Simple Moving Average):
A widely-used long-term trend indicator. It smooths price data over a longer period and is often used to define overall market direction.
10 EMA (Exponential Moving Average):
A fast-reacting average that captures short-term price momentum. Useful for spotting quick trend changes.
20 EMA (Exponential Moving Average):
A medium-term average that smooths out more noise while still being responsive to price changes.
50 SMA (Simple Moving Average):
A widely-used long-term trend indicator. It smooths price data over a longer period and is often used to define overall market direction.
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.