OPEN-SOURCE SCRIPT

Redwire's ALMA Bands

These ribbons are based on Arnaud Legoux's moving average and combined with Fibonacci levels to create near perfect points of interest. when price action enters one of these bands watch for it's reaction, if price gets rejected expect it to return to the previous band, like wise if the price breaks above one band you can expect it to continue to the next.
simple yet elegant

Suggested use of this script is to place take profit orders within the plotted bands or trade breakouts and rejections.

Please do not base your trades entirely on this indicator it is meant as an addition tool to use along with other methods.
almaArnaud Legoux Moving Average (ALMA)Moving AveragesTrend Analysis

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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