uptown trading: Bullish Bearish Trend Label

Bullish Bearish Trend Label

declare upper;
input Price = close;
input EMA_F = 8;
input EMA_S = 21;
input EMA_L = 50;

def EMAf = ExpAverage(Price, EMA_F);
def EMAs = ExpAverage(Price, EMA_S);
def EMAl = ExpAverage(Price, EMA_L);

def Condition1 = if (EMAf > EMAs && EMAs > EMAl, 1, 0);
def Condition2 = if (EMAf > EMAs && EMAs < EMAl, 1, 0);
def Condition3 = if (EMAf < EMAs && EMAs > EMAl, 1, 0);
def Condition4 = if (EMAf < EMAs && EMAs < EMAl, 1, 0);

plot null = double.nan;

AddChartLabel(yes, concat("EMA: ", concat("",
If Condition1 then "Strong Bullish Trend" else
If Condition2 then "Weak Bullish Trend" else
If Condition3 then "Weak Bearish Trend" else
If Condition4 then "Strong Bearish Trend" else "Ranging")),

If Condition1 then color.green else
If Condition2 then color.light_green else
If Condition3 then color.pink else
If Condition4 then color.red else color.white);

Bullish Bearish Trend Label

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