OPEN-SOURCE SCRIPT
Updated MTPI

Highly modifiable MTPI System turned into a strategy with multiple indicators pulled from a custom library.
Each indicator can be triggered on and off as a plot or individual signals either in a separate pane (as in the original indicator) or on the chart.
Each indicator can be triggered on and off as a plot or individual signals either in a separate pane (as in the original indicator) or on the chart.
Release Notes
Highly Adjustable MTPI utilizing custom indicator library.Each indicator can be Enabled or Disabled, plotted as a line on a chart, as individual signals or as a background color overlay for easy adjustments.
Indicator Library allows us to utilize the standardized concepts of indicator.long or indicator.short signals, indicator.score for TPI style outputs, indicator.plot, indicator.plotcolor and etc.
Additional manual inputs allow for an addition of external signals.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.