Decreasing EMA


New member
Is there a way to code for a decreasing EMA? Tried coding this but not quite getting it. For example I would like to determine if the 9 day or 21 day ema is decreasing. Thanks!
EMA follows the price. If EMA is decreasing, that means the stock is also dropping. Just track the net change of the stock. Does that make sense?
Yes, that makes sense. I have always tracked the net change however I was trying to determine if I could plot the EMA decreasing bar over bar. For example I have a study showing when the 9 day ema crosses the 21 day ema, however I wanted to see if I can track if the 9 day day ema bar over bar keeps decreasing once it crosses the 21 day ema. This way I can scan and set an alert for these stocks. Hopefully that makes sense.
Hmm, not sure if this is what you wanted, but worth a try.

This watchlist column will show Green if the current EMA value is greater than the previous bar's EMA value and vice versa if it shows Red.

# TD Ameritrade IP Company, Inc. (c) 2017-2020

input price = close;
input length = 9;
input displace = 0;

plot AvgExp = ExpAverage(price[-displace], length);

AssignBackgroundColor(if AvgExp > AvgExp[1] then Color.Dark_Green else if AvgExp < AvgExp[1] then Color.Dark_Red else Color.Gray);

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
303 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.