OPEN-SOURCE SCRIPT
Ms. PACMAN 27-70
Simple EMA ribbon 27-70
For crossover of price plot using Line Indicator Symbol
Enter when price exits the ribbon in your direction for buy vs sell.
Exit when price exits the other side of the ribbon.
If price returns inside the ribbon, stay in your position, because many times it will reverse and stay in your favor.
Can use continuous (just switch positions long or short) and go all session OR as long only or short only.
For crossover of price plot using Line Indicator Symbol
Enter when price exits the ribbon in your direction for buy vs sell.
Exit when price exits the other side of the ribbon.
If price returns inside the ribbon, stay in your position, because many times it will reverse and stay in your favor.
Can use continuous (just switch positions long or short) and go all session OR as long only or short only.
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.