PROTECTED SOURCE SCRIPT
Excessive Munehisa Signals 2

This script builds an EMA (Exponential Moving Average) on special price conditions using the following:
Averaged price if the current bar (c.=1/4(o.+c.+l.+c.)
Midpoint of the previous bar (o.=1/2(o. of prev. bar+ c. of prev. bar)
and
h.=max(h.,o.,c.)
l.=min(l.,o.,c.)
It gives alerts on price crossing the EMA (breakout/breakdown) and plots OUT and IN when the event occurs and the trigger is activated. Script works in real time.
It is used only in trending markets like bullish trends and/or bearish trends and never in flat. It can get very bad results so pay attention!
Feel free to test it and add comments.
I am open to answer any questions.
I would like to know what you think and how can we improve this study.
Thank you & enjoy!
Averaged price if the current bar (c.=1/4(o.+c.+l.+c.)
Midpoint of the previous bar (o.=1/2(o. of prev. bar+ c. of prev. bar)
and
h.=max(h.,o.,c.)
l.=min(l.,o.,c.)
It gives alerts on price crossing the EMA (breakout/breakdown) and plots OUT and IN when the event occurs and the trigger is activated. Script works in real time.
It is used only in trending markets like bullish trends and/or bearish trends and never in flat. It can get very bad results so pay attention!
Feel free to test it and add comments.
I am open to answer any questions.
I would like to know what you think and how can we improve this study.
Thank you & enjoy!
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
To define trading is to limit trading. Goldman Armi
excessivetrading.com t.me/excessivetraders
excessivetrading.com t.me/excessivetraders
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
To define trading is to limit trading. Goldman Armi
excessivetrading.com t.me/excessivetraders
excessivetrading.com t.me/excessivetraders
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.