EMA Crossover for Investing

This TradingView script dynamically recolors candles based on the relationship between the 10-period Exponential Moving Average (EMA) and the 50-period EMA, providing a visual cue for asset allocation decisions. It is designed specifically for use on the 30-minute chart during Regular Trading Hours only.

How to Use This Script

1. Use the 30-Minute chart on SPY or QQQ.
   

📈 When the 10 EMA is above the 50 EMA, candles are highlighted to indicate favorable conditions for allocating 100% to stocks.

📉 When the 10 EMA is below the 50 EMA, candles are highlighted to suggest allocating 100% to bonds.