UnknownUnicorn28067390

Moving Average with Dynamic Color Gradient (WaveTrend Momentum)

Similar scripts exist but I haven't seen one using WaveTrend and I haven't seen one that hand picks evenly divided colors between GREEN-YELLOW-RED.
The green is exact green, the yellow is exact yellow, and the red is exact red.
Not complicated, just useful.
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?