PROTECTED SOURCE SCRIPT
Fractal Composite Ribbon V2.1
Added alerts when L1 fast or L2 med-fast pop out of grey hysteresis state into red or green. These new alerts do not require being in shaded overbought/oversold zones so they're better for catching continuation moves. Thanks to fbatistat for the suggestion.
Also exposed the "Cross Hysteresis" parameter for the width of ambiguous grey "slack" before lead lines push into red or green.
Also exposed the "Cross Hysteresis" parameter for the width of ambiguous grey "slack" before lead lines push into red or green.
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.