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tartigradia

Arnaud Legoux Moving Average (ALMA) with buy/sell signals

tartigradia  
Moving Averages alma Trend Analysis moving_average
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movingaverage alma trendanalysis moving_average
Description: ALMA with background highlighting, source selection and entry/sell signals depending on price positioning relatively to the ALMA. There are two options: use price at close, or both open and close. When Open & Close is used, both open and close need to be above or below ALMA to highlight, the signal is less noisy but can be more laggy.

This is a small simple indicator that can be used for a simple trading strategy, but some users found it very helpful, so I am posting it here. 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.

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