OPEN-SOURCE SCRIPT
EMA Curl Strength
📌 EMA Curl Strength
EMA Curl Strength is a trend momentum oscillator based on the slope of an EMA, normalized using Z-scores. It helps identify when a market is trending vs. ranging, and how strong the current momentum is.
⸻
🔍 How it works:
• Measures the slope of an EMA and standardizes it with Z-scores.
• Smooths the result and compares it to a signal line.
• The histogram shows the difference between the two.
• Color-coded lines represent mild, moderate, and strong trend strength.
⸻
🧠 How to use it:
• Watch for crosses of the zero line as possible trade signals.
• Use bright green/red for strong trends, gray/faint tones for weak or ranging conditions.
• Best used with other indicators (like RSI, moving averages, or price action) for trade confirmation.
⸻
⚙️ Key Features:
• Adjustable EMA, smoothing, and histogram settings
• Custom Z-score thresholds for trend strength
• Toggleable threshold lines (mild, moderate, strong)
• Optional zero-cross dots and color gradient fill
• All colors and styles customizable
⸻
🛠️ Input Overview:
• EMA Length: Speed of trend detection
• Smoothing Lengths: Control signal smoothness
• Z Lookback: Sensitivity to slope changes
• Histogram Settings: Affect shape and signal of histogram
• Gradient Opacity: Controls background color fill strength
• Toggle Lines & Dots: Show/hide elements like threshold lines or cross markers
EMA Curl Strength is a trend momentum oscillator based on the slope of an EMA, normalized using Z-scores. It helps identify when a market is trending vs. ranging, and how strong the current momentum is.
⸻
🔍 How it works:
• Measures the slope of an EMA and standardizes it with Z-scores.
• Smooths the result and compares it to a signal line.
• The histogram shows the difference between the two.
• Color-coded lines represent mild, moderate, and strong trend strength.
⸻
🧠 How to use it:
• Watch for crosses of the zero line as possible trade signals.
• Use bright green/red for strong trends, gray/faint tones for weak or ranging conditions.
• Best used with other indicators (like RSI, moving averages, or price action) for trade confirmation.
⸻
⚙️ Key Features:
• Adjustable EMA, smoothing, and histogram settings
• Custom Z-score thresholds for trend strength
• Toggleable threshold lines (mild, moderate, strong)
• Optional zero-cross dots and color gradient fill
• All colors and styles customizable
⸻
🛠️ Input Overview:
• EMA Length: Speed of trend detection
• Smoothing Lengths: Control signal smoothness
• Z Lookback: Sensitivity to slope changes
• Histogram Settings: Affect shape and signal of histogram
• Gradient Opacity: Controls background color fill strength
• Toggle Lines & Dots: Show/hide elements like threshold lines or cross markers
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.