Long green arrow.
Short red arrow.
White bars = no trade zone.
Updating trailing stop daily.
Release Notes:
Small update to signals logic
Release Notes:
Added EMA cross over logic to improve accuracy and to prevent duplicate alerts firing.
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
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.