Today we have a simple, but endlessly versatile, indicator that plots the X Period High/Low/Mid of your chosen market.
Traditionally the 52 week High/Low is used as a breakout signal. However, by changing to an X period, and adding a midway line, we create a more versatile indicator that can be tailored to various markets.
By default it's set at 250 periods...
Introduction
"You don’t put sunscreen when there is no sun, you don’t use an umbrella when there is no rain, you don’t use a kite when there is no wind, so why would you use a trend following strategy when there is no trend ?"
This is how i start my 4th paper "A New Technical Indicator For Optimal Markets Detection" where i present two new technical...
Only difference in this one is that a EMA is used which should give quicker signals but theres a chance for more false signals as per usual use TA and other indicators to confirm positions. So far I've been liking the Vortex Indicator
When the VWAP (Thick Yellow) AND the two EMA (Orange and thin Yellow) cross above the MVWAP (Purple) then you will be in a...
Reverse formulated what the closed source version is and releasing open source publicly to give back to the community.
If you have any questions feel free to join our Discord!
This is the original Wavy Tunnel script that follows color guidelines that Jody has outlined. You may adjust the opacity to 100% for better visibility.
![BTCUSDT: Golden ratio + 7 Ema [ZGR]](https://s3.tradingview.com/t/tjk2cJNt_mid.png "Golden ratio + 7 Ema [ZGR]")
![BLX: [Maco] PUELL MULTIPLE](https://s3.tradingview.com/e/ecEyOv0B_mid.png "[Maco] PUELL MULTIPLE")
