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DepthHouse Exponential Candles

This EMA Candles indicator use the price movement between two user selected Exponential Moving Averages to help determine the current trend.

As of release, there are 5 possible bar color outputs, all of which are shown in the legend above.

The Five Electable Color Outputs:
Uptrend; Strong Uptrend; Downtrend; Strong Downtrend; n/a

I hope you all enjoy!

Please leave your suggestions in the comments below!

Creator of DepthHouse Indicators on TradingView!
depthhouse.com/
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.

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