OPEN-SOURCE SCRIPT
PBK Trend Band
This is providing a trend detection tool and a trend band display to identify possible trend reversal points using EMAs.
Some seem to like using 13 and 26.
I prefer 5 and 15, like PET-D from Steve Primo which react faster and avoid being kicked by some fast move (happens in crypto, see Litecoin...).
Some seem to like using 13 and 26.
I prefer 5 and 15, like PET-D from Steve Primo which react faster and avoid being kicked by some fast move (happens in crypto, see Litecoin...).
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.