piphunter bacd — Indicator by the_w15rdx

The pip hunter bacd takes a pair of moving averages periods then through a series of calculations using those 2 moving averages gives you a signal line and what we call the bacd line when they cross it signifies a new trend direction

This tool is part of the total pip hunter package and comes with and compliments the pip hunter momentum extreme and trend scout indicators as it will allow you to take trades when this tool has identified the long term trend to be in the same direction as the momentum tool and short term trend tool and has confirmed that there is momentum behind the move

This is best used with the rest of the pip hunter package for more info on getting access to all three indicators in the package please message me for more information

Release Notes:

setting refinement as requested by users

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact the_w15rdx for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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