EMA TREND METER
Indicator used to determine bullish up-trends and bearish downtrends utilizing exponential moving averages to objectively determine Bullish & Bearish trends.
To determine bullish uptrend there must beat least 2 green squares on all three trend meters. This is a great predictor that a uptrend is imminent. You can set alerts for top two meters being green as well as all 3 meters being green
To determine bearish downtrend there must beat least 2 red squares on all three trend meters. This is a great predictor that a downtrend is imminent. You can set alerts for top two meters being red as well as all 3 meters being red.
- Add to any chart or time frame
- Prints on the current bar in real time
- DOES NOT repaint several bars after the fact
- Sound Alert
- Freedom to Tune
- User can change shapes, and colors