Price vs MA Overlay
Posted: Mon May 30, 2016 2:42 pm
- Price is below one EMA/SMA, color of the candlesticks is red .
- Price closes above the EMA/SMA, color of the candlesticks is green.
Second option, two MA's.
- When price is above both EMA/SMA's, color of the candlesticks is green.
- When price is between the two EMA/SMA's, color of the candlesticks is gray.
- When price is below both EMA/SMA's, color of the candlesticks is red.