- This script will help your cognition where trend is going. Of course, you can get the information market is trendless, or not.
# How to use
You can get 3 type of market direction.
If the color filled between ema10 and ema200 is blue, the market is in a uptrend
If the color filled between ema10 and ema200 is red, the market is in a downtrend.
If there are no color between ema10 and ema200, the market is in a boxed-range.
I hope this script help your trading. Wish you good luck.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.