OPEN-SOURCE SCRIPT

Double EMA with stop loss indicator

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This is an updated version of my previous stop loss script.

I've added a double EMA line and modified the stop as below;

In an uptrend....

1. a yellow dot will appear once it's time to move your stop. The yellow dot will display at the level of the stop loss. Place your stop 1 pip below the dot.

2. The yellow dot will only appear if a new higher low has formed and has been confirmed. Also the current candle must have broken the high of a previous bullish candle or the dot will not appear.

3. The dot will also appear if there is a likely reversal of the current trend.

Also works in downtrends.....
Notes de version
Stop loss indicator improved over previous version plus lows and highs are now indicated
stop-lossstoplossstopsTrend 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.

Vous voulez utiliser ce script sur un graphique ?


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