OPEN-SOURCE SCRIPT

CM_Guppy_EMA Revised by JustUncleL

Updated
This is an updated version of script created By ChrisMoody to use Daryl Guppy EMA's.

30-Aug-2017 Revisions by JustUncleL
  • Added Optional Alert Arrows
  • Added Alertcondition to generate signals for Alarm Subsystem.
  • Changed some default colours.


CMs Original script and details can be found here:

https://www.tradingview.com/v/3rxOtFe0/
Release Notes
... R2 - Changes made to give an earlier Guppy Signal
  • Altered Alert to follow Guppy's suggestions for programmed alerts: ie. entries and exits alerts occur when Sum of fast MAs crosses Sum of slow MAs.
  • Added option to wait for both fast and slow to separate (Confluence) OR give alerts when fast shows separation, this gives the earliest entry point after a swing.


NOTE: To get signals the same as previous version: Just enable "Give only Fast+Slow Confluence Alerts".
chrismoodyguppyguppy-emaTrend Analysis

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.

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