OPEN-SOURCE SCRIPT
Actualizado 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 prensa
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 abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.