OPEN-SOURCE SCRIPT
TESLA: EMAS and Bollinger Bands

This script is supposed to be used as part of the "TESLA" strategy in which the default values for the EMAs will serve as a trend indicator and dynamic support and resistance. Moreover, the bollinger bands will signal an overbought or oversold condition stating statistically the price will go up or down. This script features are:
- 3 EMAs which will response quicker than SMA to the new prices and will serve as dynamic support and resistance as well as trend indicators.
- 1 Bollinger band which will signal overbought and oversold conditions.
- 3 EMAs which will response quicker than SMA to the new prices and will serve as dynamic support and resistance as well as trend indicators.
- 1 Bollinger band which will signal overbought and oversold conditions.
Script de código aberto
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Aviso legal
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.
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
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.