OPEN-SOURCE SCRIPT
Pivot HL+50 EMA Hariss 369
A simple indicator detects pivot highs and lows. Buy signal is fired when pivot high crosses and closes over previous pivot high and price is above 50 EMA in order to trade with trend.
Sell signal is fired when pivot low crosses and closes below the previous pivot low and price is below 50 EMA.
It is very simple to use this and one can visualize the trend with this indicator. It can be used for any type of asset and in any time frame.
Sell signal is fired when pivot low crosses and closes below the previous pivot low and price is below 50 EMA.
It is very simple to use this and one can visualize the trend with this indicator. It can be used for any type of asset and in any time frame.
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.
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
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.
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.