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Scalping Line Indicator

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"A derivated indicator of the stair step moving average exploration. This time, the stairstep MA (the main trend) represent the center of the oscillator.

The signal line (maroon line) is the difference between this center and a simple moving average of 7 periods by default.

Trade signals seems pretty effective on tick charts representation. Take long when signal line cross above zero and short below it. Of course, as always objectives and stoploss protection are your responsabilities

You can play with different parameters to sweet any other instruments."

Coded referring the"Scalping Line Indicator" from prorealcode for Tradingview users after one of my followers asked me to do so.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.