OPEN-SOURCE SCRIPT

EMA 200 - 50 - 20 | Davide Buncuga

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This script displays three key Exponential Moving Averages (EMAs) on the chart: EMA 200, EMA 50, and EMA 20.
These moving averages are commonly used by traders to identify the overall market trend, medium-term structure, and short-term momentum.

EMA 200 – Represents the long-term trend and acts as a dynamic support/resistance.

EMA 50 – Used to identify the medium-term direction of the market.

EMA 20 – Highlights short-term momentum and pullback areas within the trend.

This indicator is designed to help traders quickly analyze market structure and align their trading decisions with the dominant trend.

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