OPEN-SOURCE SCRIPT
RedK Ribbon v2 Extended by Loxxxa
This is an extension of the published RedK_Ribbon v2, loaded with a couple of new indicators:
1. Added the BB indicator;
2. Added an extra WMA and EMA long, to identify support and resistance zones
3. Change of parameters to find the trending moment.
From the original indicator:
"If you need to learn how we create the zero-lag moving average, pls refer to the "TA Basics" series - and if you need to learn more about how the Ribbon works, pls read the Ribbon v1 post
hope this is useful in your trading - and good luck!"
1. Added the BB indicator;
2. Added an extra WMA and EMA long, to identify support and resistance zones
3. Change of parameters to find the trending moment.
From the original indicator:
"If you need to learn how we create the zero-lag moving average, pls refer to the "TA Basics" series - and if you need to learn more about how the Ribbon works, pls read the Ribbon v1 post
hope this is useful in your trading - and good luck!"
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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