OPEN-SOURCE SCRIPT
Updated Tunnel equality
Hello all. This is a simply indicator to be used in conjunction with my Vegas tunnel script. The histogram indicates the change in the distance between the 2 moving averages that make up the Vegas tunnel.
When the histogram starts to fall or rise, it means that momentum is changing and can be an early warning signal to watch out for what Vegas describes as equality. Please research his material on line to learn more.
Enjoy!
When the histogram starts to fall or rise, it means that momentum is changing and can be an early warning signal to watch out for what Vegas describes as equality. Please research his material on line to learn more.
Enjoy!
Release Notes
Code tidied up. Enjoy!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.