babablacksheep

SWAVE

babablacksheep Updated   
This uses combination of
1. EMA difference
2. stochastic

Green column = up move
Red column = down move
Silver column = neutral
Release Notes:
Below changes
1. EMA difference seen in reference to smooth stoch instead of stoch to give better smooth result
2. option to plot both smooth stochastic and ema difference

Results: will give smooth entry exit signals and serve as multi indicator plot
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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