OPEN-SOURCE SCRIPT
Atualizado WMA Combo Crossover
Before I begin I want to mention:
1. This is an inspiration from the Ultimate Oscillator by zinlytics. (Link: tradingview.com/script/xbwfKG2B-Ultimate-Oscillator/)
2. I wanted to make an indicator similar to the Ultimate Oscillator by making it more responsive to price
3. This indicator is a trend indicator which uses the Weighted Moving Average (WMA)
4. Also, I want to thank PhoenixBinary for helping me out
The indicator:
1. Made several changes such as switching over to a WMA instead of an EMA
2. When WMA 20 is blue and is going upwards, it means there is an uptrend
3. When WMA 20 is red and is going down, it means there is a downtrend
4. During a trend, the color may switch to red and blue occasionally. When the color switches back to the direction of the trend, it can be used for re-entries
1. This is an inspiration from the Ultimate Oscillator by zinlytics. (Link: tradingview.com/script/xbwfKG2B-Ultimate-Oscillator/)
2. I wanted to make an indicator similar to the Ultimate Oscillator by making it more responsive to price
3. This indicator is a trend indicator which uses the Weighted Moving Average (WMA)
4. Also, I want to thank PhoenixBinary for helping me out
The indicator:
1. Made several changes such as switching over to a WMA instead of an EMA
2. When WMA 20 is blue and is going upwards, it means there is an uptrend
3. When WMA 20 is red and is going down, it means there is a downtrend
4. During a trend, the color may switch to red and blue occasionally. When the color switches back to the direction of the trend, it can be used for re-entries
Notas de Lançamento
Before I begin I want to mention:1. This is an inspiration from the Ultimate Oscillator by zinlytics. (Link: tradingview.com/script/xbwfK...)
2. I wanted to make an indicator similar to the Ultimate Oscillator by making it more responsive to price
3. This indicator is a trend indicator which uses the Weighted Moving Average ( WMA )
4. This indicator is designed primarily for NNFX (No Nonsense Forex) though it can be used for any type of trading style
5. Also, I want to thank PhoenixBinary for helping me out
The indicator:
1. Made several changes such as switching over to a WMA instead of an EMA
2. When WMA 25 is blue and is going upwards, it means there is an uptrend
3. When WMA 25 is red and is going down, it means there is a downtrend
4. During a trend, the color may switch to red and blue occasionally. When the color switches back to the direction of the trend, it can be used for re-entries
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.