OPEN-SOURCE SCRIPT
ALMA Trendline
This is a simple indicator to make ALMA Trendline to be used as STOP LOSS guidance in trending market. The trendline will change color from GREEN to RED and vice versa once price crossing down or crossing up the trendline.
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.
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.