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Ranama

Guppy CBL

Ranama Updated   
Volatility Stop stop CBL guppy daryl trading stoploss
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volatilitystop stop cbl guppy daryl trading stoploss
This is the Count Back Line script from the book Guppy Trading by Daryl Guppy.
It is usually used as a stop loss line, but can also be used to find entries.

Hope someone finds it usefull, if you find anything that is wrong with it, please let me know and I will try to fix it.
This is my first PineScript, hope it is working as intended.
Release Notes:
Cleaned code and added option to show/hide buy/sell arrows
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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