PROTECTED SOURCE SCRIPT
MultiTrendmeter

coded two trend oscillators and one volume indicator with an smma crossover into one ribbon indicator.
top ribbon explanation:
yellow=unconfirmed uptrend/sideways, pink=unconfirmed downtrend/sideways.
green=confirmed uptrend, red=confirmed downtrend.
blue=OB confirmed uptrend, orange=OS confirmed downtrend, (look for exits)
top ribbon explanation:
yellow=unconfirmed uptrend/sideways, pink=unconfirmed downtrend/sideways.
green=confirmed uptrend, red=confirmed downtrend.
blue=OB confirmed uptrend, orange=OS confirmed downtrend, (look for exits)
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.
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.