jod17

Super Gupper Bar

jod17 Updated   
I modified the script of Madrid ,to make a super guppy, the interpretation is the same except that here the super guppy is in linear format. You can still see the pullback and the bullish and bearish trends as with a super guppy! The EMA 200 is placed just above the EMA 70, otherwise it was a big empty space between the last 2 EMA!

You can chose between EMA or MA

1. Red : A downtrend in progress
2. Green: Trend reversal warning
3. Lime : An uptrend in progress
4. Maroon: Trend reversal warning

https://www.tradingview.com/chart/NbDiTBbn/#
Release Notes:
I modified the srcipt to include the inputs to change the value of the EMA or MA bands, you can set the values of the bands "Fast" "Slow" and that of 200, this indicator reads like a Super Guppy, from bottom to the top
Open-source script

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