INVITE-ONLY SCRIPT
TTP Supertrend EMA
Updated
This indicator is used for bot orchestration in 1 hour timeframes.
Although this indicator is backtestable (prints 1s during all uptrend and 2s during all downtrend) this feature ignores the EMA100 to filter buys, therefore it always prints 1s even if below the EMA100.
We can add that feature later.
Although this indicator is backtestable (prints 1s during all uptrend and 2s during all downtrend) this feature ignores the EMA100 to filter buys, therefore it always prints 1s even if below the EMA100.
We can add that feature later.
Release Notes
Support for multiple timeframesRelease Notes
In the bot workshop today we worked on a user's idea: Find the first red candle that's below the EMA100 during a downtrend.This version allows to show a label when that happens.
It also allows to set alerts for the 1st red candle signal and backtesting is also possible when connecting this indicator to our backtester (use 1 for opening a short deal, use the 1st red signal as input).
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact TheTradingParrot for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″You can use this script by becoming a member of https://thetradingparrot.com/tiers
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thetradingparrot.com
thetradingparrot.com
Disclaimer
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