Noro's Trend Ribbon Strategy

One moving average ( SMA ) is used. The channel is convened at a moving average rather than prices. Blue is a uptrend. Red is a downtrend.

If the candle has closed above the ribbon - open long (and close short)
If the candle has closed below the ribbon - open short (and close long)

Notes de version:

+ ohlc4

Notes de version:

+ Signal Source

Notes de version:

+ MA Type (sma, ema, vwma)

Notes de version:

+ MA Type (rma)

Notes de version:

+ checkbox (long, short, etc)