OPEN-SOURCE SCRIPT
Updated T3MA Ribbon R1 by JustUncleL
This study draws a T3 Moving average Coloured Ribbon based on a Fast and Slow T3 MAs. Combine with an alert indicator like "Traders Dynamic Index Indicator Alert v0.1 by JustUncleL" to get a good trading method (See my comment following).
Release Notes
R3 Updates:- Made updates for Pinescript version 3 Compliance.
- Allow anchor option to be used for Days and Weeks.
- Allow option to use standard 3-tone bar colouring, or 6-tone Grab candle Colouring
- Added named colour constants, to include fully opaque colours, a work around for bar colouring transparency bug.
Release Notes
... R4.2 Updates- Added Alert Buy/Sell exit options.
- Added alarms for TradingView's Alarm Subsystem.
- Added implied GPL Copyright notice.
- Some coding efficiency and some variable name changes to make it easier to read.
Release Notes
... Minor Bug fix- Corrected calculation for Anchor when using non-Intraday charts (ie Daily,Weekly,Monthly).
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.
For quick access on a chart, add this script to your favorites — learn more here.
JustUncleL
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.
For quick access on a chart, add this script to your favorites — learn more here.
JustUncleL
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.