OPEN-SOURCE SCRIPT
Updated Trend Bot by [ToplaninKizlarUcuyoruz]
Description:
1. Just a moving average strategy used in this indicator.
2. If the src2 (you can change it in settings) close above highest MA, appear the long signal.
3. And if the src2 close under the lowest MA, appear the short signal.
[You could set up everything about moving averages, and you could customise everything in settings]
How is it using:
Green is an uptrend. Red is a downtrend.
-If you see the green up triangle signal, open long (and close short)
-If you see the red down triangle signal, open short (and close long)
*** Please check signals with your own strategy and your favorite indicators ***
inspired by the original open source indicator and added some new setting options:
(click on the image to open the original indicator's page)
https://tr.tradingview.com/script/ZsKsLiUU-noro-s-trend-ribbon-strategy/
1. Just a moving average strategy used in this indicator.
2. If the src2 (you can change it in settings) close above highest MA, appear the long signal.
3. And if the src2 close under the lowest MA, appear the short signal.
[You could set up everything about moving averages, and you could customise everything in settings]
How is it using:
Green is an uptrend. Red is a downtrend.
-If you see the green up triangle signal, open long (and close short)
-If you see the red down triangle signal, open short (and close long)
*** Please check signals with your own strategy and your favorite indicators ***
inspired by the original open source indicator and added some new setting options:
(click on the image to open the original indicator's page)
https://tr.tradingview.com/script/ZsKsLiUU-noro-s-trend-ribbon-strategy/
Release Notes
Some appearance improvements have been madeRelease Notes
Some appearance improvements have been madeRelease Notes
Some appearance improvements have been madeRelease Notes
Some appearance improvements have been madeRelease Notes
Some appearance improvements have been madeRelease Notes
Some appearance improvements have been madeRelease Notes
Some appearance improvements have been madeRelease Notes
Some appearance improvements have been made
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 publications is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Disclaimer
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