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dman103
12 ספט׳ 2020 08:47

High - Low Trend Tunnel 

Meta Platforms, Inc.NASDAQ

תיאור

High - Low Trend Tunnel Experiment.

Using latest pinescript Array support!

Plotting Highest highs and Lowest lows for specific length (can be defined in settings).
The blue line is whom determinate the direction.
Blue line is the average of the highest highs and lowest lows smoothed by EMA.

Green - Up Trending.
Red - Down Trending.
Yellow - Squeeze, a reversal might be coming.

Any suggestions/comments are welcome as this is an experiment.



הערות שחרור

* Trend plot is now colored.
* Changed ATR default value from 17 to 14

הערות שחרור

Option to disable view of tunnel.
Added additional (optional) Arnaud Legoux Moving Average (ALMA) besides EMA.

הערות שחרור

Minor cleanup
תגובות
mentalRock19315
Very smart !
ericneon
wah~very nice and simple!
nilux
Nice one! Thanks for sharing :)
dman103
@nilux, Sure mate, glad you like it, it's pretty neat with the arrays available.
עוד