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Daily EMA 50

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Daily EMA 50 Indicator

This indicator displays the 50-period Exponential Moving Average based on daily closing prices. It uses security() function to fetch daily data, making it consistent across all timeframes.

The EMA is plotted in orange and helps identify the overall daily trend direction. It's particularly useful for:
- Confirming long-term trend bias
- Identifying potential support/resistance levels
- Filtering trade directions on lower timeframes

Features:
- Works on any chart timeframe
- Updates automatically with daily data
- Clean visual representation with orange line
Versionshinweise
Daily EMA 50 Indicator

This indicator displays the 50-period Exponential Moving Average based on daily closing prices. It uses security() function to fetch daily data, making it consistent across all timeframes.

The EMA is plotted in orange and helps identify the overall daily trend direction. It's particularly useful for:
- Confirming long-term trend bias
- Identifying potential support/resistance levels
- Filtering trade directions on lower timeframes

Features:
- Works on any chart timeframe
- Updates automatically with daily data
- Clean visual representation with orange line

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