OPEN-SOURCE SCRIPT
T3MA Ribbon R1 by JustUncleL
Updated
This study draws a T3 Moving average Coloured Ribbon based on a Fast and Slow T3 MAs. Combine with an alert indicator like "Traders Dynamic Index Indicator Alert v0.1 by JustUncleL" to get a good trading method (See my comment following).
Release Notes
R3 Updates:- Made updates for Pinescript version 3 Compliance.
- Allow anchor option to be used for Days and Weeks.
- Allow option to use standard 3-tone bar colouring, or 6-tone Grab candle Colouring
- Added named colour constants, to include fully opaque colours, a work around for bar colouring transparency bug.
Release Notes
... R4.2 Updates- Added Alert Buy/Sell exit options.
- Added alarms for TradingView's Alarm Subsystem.
- Added implied GPL Copyright notice.
- Some coding efficiency and some variable name changes to make it easier to read.
Release Notes
... Minor Bug fix- Corrected calculation for Anchor when using non-Intraday charts (ie Daily,Weekly,Monthly).
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.
JustUncleL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.