OPEN-SOURCE SCRIPT

Bixord: FantailVMA

Updated
This indicator is a combination of moving average and ATR indicators. The indicator stays pretty close to price and at the same time shows clear trend of asset/stock. It shows you when price is above the FantailVMA it indicates an uptrend and when price is below it indicates a downtrend otherwise.

Hope you find this indicator useful!
Happy trading..
Release Notes
Cleaner code only. No changes on indicator
Release Notes
Cleaner code. No changes on indicator level
Release Notes
Cleaner code. No changes on indicator level
Moving AveragesTrend Analysistrendfollowingtrendtrading

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.

Want to use this script on a chart?

Disclaimer