Super Gupper Bar

I modified the script of Madrid

,to make a super guppy, the interpretation is the same except that here the super guppy is in linear format. You can still see the pullback and the bullish and bearish trends as with a super guppy! The EMA 200 is placed just above the EMA 70, otherwise it was a big empty space between the last 2 EMA!

You can chose between EMA or MA

1. Red : A downtrend in progress
2. Green: Trend reversal warning
3. Lime : An uptrend in progress
4. Maroon: Trend reversal warning

https://www.tradingview.com/chart/NbDiTBbn/

Release Notes

I modified the srcipt to include the inputs to change the value of the EMA or MA bands, you can set the values of the bands "Fast" "Slow" and that of 200, this indicator reads like a Super Guppy, from bottom to the top

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.

For quick access on a chart, add this script to your favorites — learn more here.

jod17

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

For quick access on a chart, add this script to your favorites — learn more here.

jod17