OPEN-SOURCE SCRIPT

Moving Average Colored EMA/SMA

This script will give you the ability to put an EMA and/or SMA on the chart that changes color based upon the direction. Default at startup is EMA visible and SMA hidden. When the MA is moving up, it is green. When the MA is moving down, it is red. You can change the color to whatever you like.
colorExponential Moving Average (EMA)exponentialMoving AveragesSimple Moving Average (SMA)

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 publication is governed by House rules. You can favorite it to use it on a chart.

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