Simple indicator which paints the same EMA twice (default to 20), one set to open one set to close. The idea being the when the price is closing > the open on average number goes up.
Green on top trends up, red on top trends down. Only really backtested this on HTFs, works well on daily, interesting on weekly but you lose a lot of wicks.
Try it with the candles hidden.
Green on top trends up, red on top trends down. Only really backtested this on HTFs, works well on daily, interesting on weekly but you lose a lot of wicks.
Try it with the candles hidden.