EMA 1h Tunnel Detector 1 — Indicator by Aprizm1

this is my 1h tunnel strat test

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.

Disclaimer

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Want to use this script on a chart?

study(title="EMA 1h Tunnel Detector", shorttitle="EMA CROSS SIGNAL", overlay=true)
ema1_len=144
ema2_len=169
ema3_len=16



out1 = ema(close, ema1_len)
out2 = ema(close, ema2_len)
out3 = ema(close, ema3_len)

out = cross(out1, out3)
outb = cross(out2, out3)
outc = cross(close,out3)


plot((out2 - 0.0015), title="sell signal", color=orange)
plot((out1 + 0.0015), title="buy signal", color=blue)
plot(out2, title="ema169", color=red)
plot(out1, title="ema144", color=green)
plot(out3, title="ema12", color=yellow)
plot(out ? out1 : na, linewidth=4, style=cross, color=lime)
plot(outb ? out2 : na, linewidth=4, style=cross, color=red)


plot(outc ? out3 : na, linewidth=4, style=cross, color=blue)