OPEN-SOURCE SCRIPT
SMKEY_ERCROSS_AND_CLIMATICCANDLE
This scripts shows ER cross 0.6 and -0.6.
Green Arrow below candle shows ER crosses above 0.6 and Orange on shows it crosses below 0.6.
Red Arrow below candle shows ER crosses below -0.6 and Blue on shows it crosses above 0.6.
Green Dot shows bearish climatic candle and red dot shows bullish climatic candle. usally this signs for reversal/pullback.
Buy Entry - Green Triangle
Buy Exit - Orange Triangle or Red Dot
Short Entry - Red Triangle
Short Exit - Blue Triangle or Green Dot
Green Arrow below candle shows ER crosses above 0.6 and Orange on shows it crosses below 0.6.
Red Arrow below candle shows ER crosses below -0.6 and Blue on shows it crosses above 0.6.
Green Dot shows bearish climatic candle and red dot shows bullish climatic candle. usally this signs for reversal/pullback.
Buy Entry - Green Triangle
Buy Exit - Orange Triangle or Red Dot
Short Entry - Red Triangle
Short Exit - Blue Triangle or Green Dot
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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