OPEN-SOURCE SCRIPT
Updated Consolidated Indicator
I have attempted to combine all the parameters to decide on the entry and exit points for stocks. The indicator combines
1) EMAs
2)PSAR
3)ATR
The script also attempts to show the risk-reward
1) EMAs
2)PSAR
3)ATR
The script also attempts to show the risk-reward
Release Notes
Enhance done on showing Risk Rewards. The current closing price is compared against EMA, PSAR and ATR to show the risk with respect to an exit parameterRelease Notes
The current version is updated with the following features: 1) Addition of 52 week price in the comparison component
2) Enabling overlay price chart on the Parameters
Hope this will be useful
Release Notes
-Added 52 weeks high and low band
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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