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Ribbon with Alerts

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The Swing Ribbon indicator visualizes trends using fast (default: WMA, 5 days) and slow (default: WMA, 7 days) moving averages overlaid on a price chart. Users can customize MA types, lengths (bars, minutes, days), and source (default: HLCC4). It assesses trend direction by comparing the close to the fast MA and the MAs' directions, with a tolerance setting (default: 2 bars) to confirm changes. Colors indicate trend strength: green for strong bullish, red for strong bearish, light green/orange for weaker trends, and yellow for mixed signals. A gradient fill between MAs highlights trends, with an option to invert emphasis to the slow MA. Alerts trigger at bar close for strong bullish or bearish conditions. Licensed under Mozilla Public License 2.0 by © Electrified, it’s customizable for various trading strategies.

Nota Keluaran
removed isBarConfirmed()

Penafian

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