OPEN-SOURCE SCRIPT
Quick Shot[ChartPrime]
This indicator plots green and red dots when the trend changes based on a moving average slope. The curved line aims to exponentially increase the slope of the moving average based on the slope at the time of the dots origination as the bars progress. Once the curved line makes contact with the price action, an x shape will be plotted to signify an exit signal.
This indicator is best used in confluence with other indicators in order to develop a reliable strategy.
This indicator is best used in confluence with other indicators in order to develop a reliable strategy.
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.