OPEN-SOURCE SCRIPT

Larry Williams 9.1 [zauoyds]

Updated
This script was made to find in real time the setup 9.1, made by trader Larry Williams.

This indicator just help to find the entries described by setup 9.1.
You need to know the setup and use this indicador as helper.
The indicator shows when the 9.1 is configured. The trigger to go long is the next candle high is higher than previus candle high. To go short, the low needs to be lower than previus low.
Release Notes
Buy when next candle cross previous high.
Sell when next candle cross previous low.
Cancel the trade if
Exponential Moving Average (EMA)ema9larrywiliamssetup

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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