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PhilBack69

PBK Trend Band

PhilBack69  
Moving Averages trendreversal
129
0
movingaverage trendreversal
This is providing a trend detection tool and a trend band display to identify possible trend reversal points using EMAs.

Some seem to like using 13 and 26.

I prefer 5 and 15, like PET-D from Steve Primo which react faster and avoid being kicked by some fast move (happens in crypto, see Litecoin...).

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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