OPEN-SOURCE SCRIPT

Easy Read Short‑Term EMA Crossover

145
This TradingView panel shows a multi-indicator setup for analyzing the S&P 500 Index (SPX):

Main chart (top): displays price candles with two Exponential Moving Averages (EMA 8 and 21). When the short-term EMA (blue) crosses above the long-term EMA (red), it gives a Buy signal; when it crosses below, a Sell signal appears — helping identify short-term trend shifts.

Middle panel: shows the Easy-Read RSI, highlighting overbought (OB) and oversold (OS) zones. When RSI moves above 70 it signals potential weakness (sell), and below 30 suggests a rebound zone (buy).

Bottom panel: plots the Easy-Read MACD, which tracks momentum by comparing short- and long-term moving averages. When the MACD line crosses above the Signal line, it indicates bullish momentum; crossing below suggests bearish momentum.

Together, these three indicators provide a layered view of trend, momentum, and potential entry/exit points.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.