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Guppy Count Back Line

The Guppy Count Back Line was created by Daryl Guppy and is essentially a trailing stop indicator. I have color coded the indicator to tell you if you should go long or short.

This was a special request so let me know if you would like me to write more scripts for other indicators!
Release Notes: updated to make it consistent with my other indicators
Release Notes: fixed issue with default resolution
Release Notes: Updated to v5

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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