This simple indicator is one of my favorites, I created it in early 2019, it uses a bit of the teachings of Larry Willians and also of Al Brooks, mixes a bit of Technical Analysis and Price Action;

It is recommended for SCALPER of 5 minutes, in assets with high load, with target between 0.2% and 0.3% maximum;

Uses moving averages, not as a cross, but as references for the inputs;

Good Profits =)
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Quer usar esse script no gráfico?


Thanks! i will check :)
+1 Resposta
Obrigado Matheus Grijó
+1 Resposta
Good job. Thanks.
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