PROTECTED SOURCE SCRIPT
Bullmarket Support Band Relation
This Indicator based on the Bullmarket Support Bands indicator and extends it to print the EMA50 value as reference.
Based on the relations of bands to reference, price to reference and band direction this indicator caculates the trending direction of 4 alternative time frames. The timeframes can be changed in the settings of this indicator.
So this indicator can be used to define specific entry scenarios. Of Example when the price breaks the bands or reference line in the overlaying direction.
Based on the relations of bands to reference, price to reference and band direction this indicator caculates the trending direction of 4 alternative time frames. The timeframes can be changed in the settings of this indicator.
So this indicator can be used to define specific entry scenarios. Of Example when the price breaks the bands or reference line in the overlaying direction.
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.