OPEN-SOURCE SCRIPT

REX by vitelot

Updated
// Best used as an exit indicator at default settings.
// Also doing well in entering positions by using TEMA(14) for REX and SMA(14) as signal.
// You need to tune it yourself according to your trading style.
// Use at your own risk.
//
// Vitelot/Yanez/Vts Oct 2019
//
Release Notes
// Oct 2019: added zero line;
// also added OS/OB lines based on stddev, though commented out at the moment so to not overload the graph.
exitsignalOscillatorsREXsignalweighted_price

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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