EMA-Volume plots two exponential moving averages on the price chart and tints the background when the faster average crosses above or below the slower one.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
EMA-Volume also builds simple moving averages of raw and scaled dollar volume, then compares a 30-bar volume average with a 120-bar average to mark a bullish volume season. A lower-left table shows volume-average labels and that season state. Inputs set both EMA lengths, the price source, and whether the EMAs or longer volume averages are drawn.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
EMA1
int
50
len1
EMA2
int
200
len2
Kaynak
source
close
src
EMA1 göster
bool
true
showEma1
EMA2 göster
bool
true
showEma2
Hacim analizini göster
bool
true
showVolume
Hacim MA göster
bool
true
showVolumeMA
Özel not
string
Analiz Notu
customNote
Geçiş etiketlerini göster
bool
true
showLabels
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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