EMA Magnetic Pull

Color coded indicator showing the "Magnetic Pull" of a specifed Moving Average. Indicator changes color based on how high price has exceeded the specified moving average. The default moving average is set to 50, but users can define their desired moving average.

Bitcoin Weekly Chart Example:

• Gold or White may indicate that an asset is overbought suggesting a trend reversal or corrective pullback in price
  
• Light Blue may indicate that an asset is oversold, suggesting an undervalued condition
  

เอกสารเผยแพร่:

Added the ability to colorize candles/bars to match current conditions of EMA Magnetic Pull indicator