OPEN-SOURCE SCRIPT

Gate Signal by Market yogi

Mis à jour
This indicator is made by Nischay Rana (Market Yogi)
How to use this Indicator
This is simple group of 8 moving averages, which can be configured in various ways according to your trading requirement.
1. moving average ribbon
2.moving average channel
3.moving average gate signal
4.This indicator has bonus indicator of bollinger bands inbuilt.
Logic:
As price has tendency to get closer to their moving averages. The logic behind this indicator is to use the contraction and expansion concepts of moving averages to find best entry exit points.
This nature of Price action is use to capture the big move after the convergence of all moving averages.
CAUTION : Do not blindly trade the gates as gate has tendency to break out on either side. So use this indicator in confluence with price action and other technical analysis to capture bigger moves.
Higher the gate width more gates are found. Similarly lesser the gate width less gate are found. i.e. Tight squeeze of all the moving averages.
"ENJOY HAPPY TRADING.."
Truly Yours Market Yogi
Notes de version
This indicator is made by Nischay Rana (Market Yogi)
How to use this Indicator
This is simple group of 8 moving averages, which can be configured in various ways according to your trading requirement.
1. moving average ribbon
2.moving average channel
3.moving average gate signal
4.This indicator has bonus indicator of bollinger bands inbuilt.
Logic:
As price has tendency to get closer to their moving averages. The logic behind this indicator is to use the contraction and expansion concepts of moving averages to find best entry exit points.
This nature of Price action is use to capture the big move after the convergence of all moving averages.
CAUTION : Do not blindly trade the gates as gate has tendency to break out on either side. So use this indicator in confluence with price action and other technical analysis to capture bigger moves.
Higher the gate width more gates are found. Similarly lesser the gate width less gate are found. i.e. Tight squeeze of all the moving averages.
"ENJOY HAPPY TRADING.."
Truly Yours Market Yogi
Notes de version
Many new indicators are added to make use of this indicators according to your trading style.
Daily vwap
Bollinger bands
Higher timeframe candles
Pivots
Daily OHLC levels
Bands and ChannelsDMAMoving Averagesmovingaveragebandsmovingaveragechannelmovingaverageribbonmultitimeframesma

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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