OPEN-SOURCE SCRIPT
J&C indicator
📊 Indicators Used
10 MA (Fast) - Short-term trend direction
40 MA (Slow) - Long-term trend direction
🟢 LONG Signal Conditions (ALL must be true)
10 MA is rising (uptrend)
40 MA is rising (strong uptrend)
10 MA > 40 MA (fast above slow = bullish)
Price action: Low touched below 10 MA, but close is above 40 MA
This means price dipped but found support
10 MA (Fast) - Short-term trend direction
40 MA (Slow) - Long-term trend direction
🟢 LONG Signal Conditions (ALL must be true)
10 MA is rising (uptrend)
40 MA is rising (strong uptrend)
10 MA > 40 MA (fast above slow = bullish)
Price action: Low touched below 10 MA, but close is above 40 MA
This means price dipped but found support
סקריפט קוד פתוח
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.
כתב ויתור
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.
סקריפט קוד פתוח
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.
כתב ויתור
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.