EMA Bands with Colors Coding
This indicator plots three Exponential Moving Averages (EMA) with color-coded signals based on their order. It provides quick insights into market trends:
Green: EMA 1 > EMA 2 > EMA 3, indicating a potential bullish trend.
Red: EMA 3 > EMA 2 > EMA 1, signaling a potential bearish trend.
Gray: Any other order of EMAs, showing a neutral or mixed trend.