This indicator is based on the "Vegas Tunnel" system from FTMO, please check out their site here for some good documentation: ftmo.com I give FTMO full credit for this indicator, all I did here was make it easy to throw it up on a chart. Personally, I've had some success trading with this method. I encourage doing some back and forward testing to see if it is...
This indicator can plot vegas channel and EMA20. You can choose which time frame of the channels to display and also which channel to display, it can only show one channel and also two or three at the same time.
Plot several EMA with only one script. Default EMA: 20、50、100、200. All of these are adjustable. Also, Vegas tunnel and filter line can be presented or not according to your needs.
1. Vegas channel The Vegas channel indicator is very effective as a short, medium and long-term trend observation indicator, and it has obvious support and resistance functions. 2. EMA200+MA200 Usually ema200 or ma200 is used as a watershed for fund institutions to evaluate the long-short trend of a stock trend. 3. Big volume box Big volume is often used as a...
Pulu's Moving Averages This script allows you to customize sets of moving averages. It is configured default as 3 Vegas tunnels + an MA12. You can re-configure it for any of your moving average studies. At the first release, it supports up to 7 moving averages, many parameters, and eight types of algorithms: ALMA, Arnaud Legoux Moving Average EMA, Exponential...
Hello all. This is a simply indicator to be used in conjunction with my Vegas tunnel script. The histogram indicates the change in the distance between the 2 moving averages that make up the Vegas tunnel. When the histogram starts to fall or rise, it means that momentum is changing and can be an early warning signal to watch out for what Vegas describes as...
Hi all, This is the first step in putting together a more comprehensive suite of indicators and strategies based around the original Vegas tunnel method. You will need to know what that is before trying to use this indicator. I would implore you to take the time to read the document. It's free to the universe and is a very valuable piece of work in my...
Hi all, This is the first step in putting together a more comprehensive suite of indicators and strategies based around the original Vegas tunnel method. You will need to know what that is before trying to use this indicator. I would implore you to take the time to read the document. It's free to the universe and is a very valuable piece of work in my...
Adding another two EMA 288 338 to the classical Vegas Tunnel, which helps traders identify the relationship between major trend and moderate trend. When the space between two tunnel narrows down, it indicates the changing of the trend and potential reverse of the price. Double Tunnel offsets the limitations of Original Vegas Tunnel. Traders can corporate other...
Simple Vegas Wave implementation, all 3 EMA's in one indicator for those of you with indicator limitations :D