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OPEN-SOURCE SCRIPT

GoGoGadget MA Ribbon

By JoeBlob
Updated
Moving Average Ribbon with defaults for day-trading
8, 21, 50 EMAs
MA cross(over/under) markers
MA cross(over/under) alert conditions preconfigured
Reversal time periods highlight background or add labels for periods on standard days when reversals are likely (mainly useful for SPY or QQQ)
Release Notes
Added Bar Confirmation setting to alert and show cross(over/under) markers if cross persisted for n bars.
Added an alert for 10min from end of day as a reminder to close day-trading positions.
Release Notes
Change bars to confirm cross from 2 to 1. Higher is stronger confirmation, though it will lag, and possible opportunities will be missed.
Release Notes
Fix End-of-day markers
Release Notes
Fixed alert condition messages
Release Notes
Added alternate settings which can simply be toggled on/off using the '⎇ Alt' setting at the top.
Added VWAP with auto-anchoring.
Fixed 'Always Be Closing' labels overlapping.
Removed 'MA 1,2,3,etc. Source' setting, all Moving Averages now all use the same source setting, default: close.
Revised colors of Moving Average Ribbons.
Release Notes
Add setting to show/hide VWAP
Release Notes
Add explanation tooltip to VWAP anchor setting for "Auto" option
Release Notes
Fix no-volume error for VWAP on index symbols.
Release Notes
Added automatic Golden Pocket lines from yesterday's hi/lo range. Intraday only.
Adds lines for low-to-high and high-to-low fib retrace of previous session's range onto today's session:
High, Low, 61.8%, 65%, 50% (halfback)
Also added lines for previous session's close and current session's open.
Release Notes
Fix a bug with barstate.isLastBar being from interday timeframe needed to drive open/close of current and previous session.

Note: Today (Sept 19, 2022), the open price of ES1! is different between the daily candle and the RTH intraday session candles. The Open line is drawn using levels from 1D timeframe. This is likely not a bug with this indicator, but rather with the data stream itself, or due to futures rollover.
Release Notes
Add timezone setting to lock reversal periods and A.B.C. features to a selected TZ, useful when looking at futures which run on Chicago time rather than New York time.
Fixed (again) the redrawing of the developing reversal periods to prevent multiple developing ranges from being drawn over top of each other, hopefully for the last time.
Release Notes
Another "fix" to barstate for the golden pocket lines
Moving Averagesmovingaverageribbonribbon

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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JoeBlob

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