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Tetherline

[blackcat] L1 Tether LineLevel: 1 Background Omega Research proposed Tether line in June 2000. I utilized it in fast-slow line form to follow trend. Function Due it can provides good support and resistance, using it as "moving average" fast-slow line form can provide very stable golden cross and dead cross signal. You can adjust parameters to fit for your trading pair and use it and compare it with Supertrend indicator. Key Signal Tether_fast --> Tether Fast Line. Tether_slow --> Tether Slow Line. Remarks This is a Level 1 free and open source indicator. Feedbacks are appreciated.
Pine Script® indicator
by blackcat1402
Updated Apr 18
22

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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