OPEN-SOURCE SCRIPT
GTM - Team signal Buy/Sell
study(title="GTM - Team signal Buy/Sell", shorttitle="GTM - Team signal Buy/Sell", overlay=true)
len = input(10, minval=1, title="Length")
src = input(close, title="Source")
out = ema(src, len)
bearish = cross(close,out) == 1 and close[1] > close
bullish = cross(close,out) == 1 and close[1] < close
plotshape(bearish, color=red, style=shape.arrowdown, text="Sell", location=location.abovebar)
plotshape(bullish, color=green, style=shape.arrowup, text="Buy", location=location.belowbar)
len = input(10, minval=1, title="Length")
src = input(close, title="Source")
out = ema(src, len)
bearish = cross(close,out) == 1 and close[1] > close
bullish = cross(close,out) == 1 and close[1] < close
plotshape(bearish, color=red, style=shape.arrowdown, text="Sell", location=location.abovebar)
plotshape(bullish, color=green, style=shape.arrowup, text="Buy", location=location.belowbar)
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 publications is governed by House rules. You can favorite it to use it on a chart.
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