Trend follower

This indicator is a trend follower that uses exponential moving averages to estimate the trend strength and prints a BUY label every time that price action matches the algorithm conditions. Always wait for the closure of the current candle to confirm the conditions match.

Ideally, the trade should be taken with a BUY STOP order placed above the signal candle and a STOP LOSS below the most recent swing low; make sure you allow enough room for the trade to breathe.

For additional resources, follow my YouTube channel.
You can also join my Facebook group or PM me directly here on Tradingview.

Release Notes

- Added "Close" label
- Added customizable profit taking aggressiveness

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact LorenzoDecaria directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

LorenzoDecaria

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