Setup linha da Sombra - Larry Williams — Indicator by alanwmg

movingaverage larry williamns larrywiliams

Hi trader, it script were based on dual 10 EMA Trade System from Professional Trader e Autor Larry Williams.
Based on crossing ema, after a leg down, when 10ema crossover 10ema deslocated 1 bar to the right, we have the sign to buy, and after a leg up, when the 10ema crossunder we have the sign to sell.
Remember Volume confirm price/trend.
Enjoy ;)

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?