OPEN-SOURCE SCRIPT

Highs-Lows Bands Trend Following

Two bands formed by moving averages of highs and lows.
The lower band should provide zone of support in uptrends while the upper band should provide zone of resistance during downtrends.
Bands that turn green in bullish trends should provide buy signals while bands that turn red in bearish trends should provide sell signals.
Exponential Moving Average (EMA)Support and ResistancetrendTrend Analysis

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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