This simple indicator paints the zone between up to 3 different Moving Averages and Exponential Moving Averages.

For example:

The green zone is the price between the 50 EMA and the 50 MA.
The orange zone is the price between the 100 EMA and the 100 MA.
The red zone is the price between the 200 EMA and the 200 MA.
Release Notes: Minor improvements
Release Notes: Minor improvements
Release Notes: Updated to Pine Script version 4
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.

Want to use this script on a chart?
If you want to master Pine Script coding, watch my free YouTube lessons or get the source code to my scripts then check out my Pine Script Mastery Course website: https://www.pinescriptmastery.com

Kommentarer

Idk how there are no comments on this script. GREAT JOB
Svara