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Ribbon with Alerts

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An Indicator that visualizes trends using two moving averages (fast and slow, defaulting to 5-day and 7-day WMAs). It calculates the direction of each MA and the close price's position relative to the fast MA to assign colors to the ribbon: green (upColor) for strong bullish trends, red (dnColor) for strong bearish trends, and other colors for weaker or neutral conditions. The ribbon is plotted as a filled area between the MAs, with an option to invert the color emphasis. Signals (triangles) and alerts are triggered when the ribbon color changes to green or red, indicating potential trend shifts.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.