OPEN-SOURCE SCRIPT
TRI MA Domino
Blue lines are first group (3,5,8,13,21) SMA and red lines are second group (35,40,45,50,55) SMA. When blue lines cross above red lines that signals bull market and vice versa. More lines we have above or bellow (creating domino effect) the stronger the signal for bull/bear.
This indicator should be used to determine where are we currently in the market and should we expect trend change/transition or continuation.
It should not be used as sole indicator for taking trades but as a tool to help you with TA and your trading plan.
Good hunting ;)
This indicator should be used to determine where are we currently in the market and should we expect trend change/transition or continuation.
It should not be used as sole indicator for taking trades but as a tool to help you with TA and your trading plan.
Good hunting ;)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.