Global Market Signals: EMA ROC

Welcome!

Thanks for checking out my indicator.

This is the difference in the rate of change between two exponential moving averages.

The colors are green and red:
- Green is when the fast EMA > slow EMA
- Red is when the fast EMA < slow EMA

When the indicator approaches it's upper or lower limits, it will indicate either sideways price movement or a reversal. When the color changes around it's upper or lower limits from green to red or vice-versa, an EMA crossover just occurred and a continuation of trend is possible before a pause or reversal in price.

I hope this helps!

Andre
Global Market Signals