PPO+SMI — Indicator by LARIANE

I sum up SMI(Stochastic Momentum Index) + PPO divergence for just private using.

green : oversold
red : overbought

skyblue & purple : buy signal
red & orange : sell signal

SMI green sign with PPO buy signal has more reliability.
Likewise SMI red sign with PPO sell signal has more reliability, too.

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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.

Want to use this script on a chart?