Branch22

Snap Indicator

340 0 53
Snap Indicator created by Branch 22 Capital at www.branch22.com, a small proprietary trading group and aspiring hedge fund. Enjoy :)

Use instructions:
If single line = red then overall trend = bearish
If single line = green then overall trend = bullish
If dual line = red then temporary trend = bearish
If dual line = green then temporary trend = bullish

If day trading use smaller scales or dual line readings.
If longer hold use larger scales or single line readings.

DISCLAIMER: By using this indicator you understand that trading is inherently risky. Proper technical trading requires a lot of experience as well as tools. Branch 22 Capital takes no responsibility for any trades made using this indicator. This indicator was created for research purposes only.

Donate Bitcoin at 1K6aAFNq6uWDxgA1qxc3D2T8pvgihxcpCp or fiat currency on PayPal at management@branch22.com
Remove from Favorite Scripts Add to Favorite Scripts
//Created by Branch22Capital at www.branch22.com , enjoy :)
study("Snap Indicator")
fast = 4, slow = 20
fastMA = ema(close, fast)
slowMA = ema(close, slow)
signal1 = fastMA - slowMA
signal2 = wma(signal1, 9)
snap = slowMA - fastMA
a = signal1 >= signal2 ? green : red
b = snap <= signal1 ? green : red
plot (signal1, color = a)
plot (signal2, color = a)
plot (snap, color = b)
plot (0, color = black)
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out