ta-ky

TMA Indicator v2.1

This indicator is designed to show support and resistance at local extremes.

  • Indicator can be configured to filter out bullish vs bearish resistance levels based on configurable parameters.
  • Supports alerts for entries and exits based on breakouts of local extrema.

Green/Red indicates long/short entry
Yellow/Orange indicates long/short exit

Backtest window: Jan 1, 2015 - Jul 21, 2019 (today)

For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.



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 ta-ky 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.

Disclaimer

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