OPEN-SOURCE SCRIPT
The Floyd Sniper indicator

1. tren; uses 200 EMA to decide bullish or bearish zone.
2. momentum; uses the 21EMA to confirm direction..
3. RSI filter; long only when oversold, Short only went overbought.
4. Signals; Prince long only when trend + momentum + RSI all Agree.
5. Background tent; green for long setups. red for short setups.
2. momentum; uses the 21EMA to confirm direction..
3. RSI filter; long only when oversold, Short only went overbought.
4. Signals; Prince long only when trend + momentum + RSI all Agree.
5. Background tent; green for long setups. red for short setups.
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.