Exponential Moving Average at periods, 7, 77, 231. You will see a blue cross when the short EMA crosses the medium EMA, and a green cross when it crosses the long EMA.
This little script simply gives you a quick visual cue of where price is compared to a particular EMA of another security or underlying index.
It is based on Nick Radge's broader market filter weekend trend trader system, but can be applied to other timeframes if you want to confirm if the index is in an up trend or down trend.
• Green means the underlying...
This simple script takes a closer look at the Commercial part of the CoT (Commitment of Traders) Data. It shows thier percentual level on given time frames (default: during the last 6 months, 3 years and 5 years).
This relative perspective is often more useful than the absolute contract numbers.
Credit to Lazy Bear for the original script and Constance Brown for the indicator.
Added horizontals to better compare heights of peaks and minor format changes.
