Price above/below EMA — Indicator by repo32

price ema movingaverage display visual above below

This script will give you red/green columns to indicate if price is above or below a certain EMA. With Candlestick charting, we are looking for price in relation to the 8 ema Trigger Line (T-Line). You can adjust this indicator to fit your need. Simple, but nice to quickly see.

Oops. Last line's title should be "Sell". Doesn't affect display though.

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.

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.

Want to use this script on a chart?

//Created by Robert Nance 060915
//This little script simply gives you a quick visual cue of where price is compared to a particular EMA.
// It is defaulted to the 8 EMA
study(title="Price above/below EMA", shorttitle="BuySellEMA", overlay=false)
len = input(8, minval=1, title="Length")
src = input(close, title="Source")
out = ema(src, len)
plot(close >= out, title="Buy", style=columns, color=lime)
plot(close < out, title="Buy", style=columns, color=red)

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