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Yo_adriiiiaan

EMA/SMA Band

Yo_adriiiiaan Updated   
Moving Averages sma exponentialmovingaverages
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movingaverage sma exponentialmovingaverages
Plot the source high, low and close of any given ema or sma. Support and resistance is defined as an area where price is likely to bounce or get rejected and since MA's are usually just one line, this band is meant to act as an area surrounding the original MA and therefore avoiding fake outs.

Release Notes:
Optional green and red color added
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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