OPEN-SOURCE SCRIPT

Super Gupper Bar

Updated
I modified the script of Madrid
Madrid MA Ribbon Bar
,to make a super guppy, the interpretation is the same except that here the super guppy is in linear format. You can still see the pullback and the bullish and bearish trends as with a super guppy! The EMA 200 is placed just above the EMA 70, otherwise it was a big empty space between the last 2 EMA!

You can chose between EMA or MA

1. Red : A downtrend in progress
2. Green: Trend reversal warning
3. Lime : An uptrend in progress
4. Maroon: Trend reversal warning

https://www.tradingview.com/chart/NbDiTBbn/
Release Notes
I modified the srcipt to include the inputs to change the value of the EMA or MA bands, you can set the values of the bands "Fast" "Slow" and that of 200, this indicator reads like a Super Guppy, from bottom to the top
Exponential Moving Average (EMA)guppymarbMoving Averagessuper

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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