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I couldn't find this indicator online anywhere for MultiCharts.net, so I modified the built-in EMA indicator on MulitCharts.net to change color based on the slope. Posting here in case anyone needs it.
using System;
using System.Drawing;
using PowerLanguage.Function;
namespace PowerLanguage.Indicator
{
[SameAsSymbol(true)]
public class Mov_Avg_Exponential_Color : IndicatorObject
{
private XAverage m_xaverage1;