OPEN-SOURCE SCRIPT
[blackcat] L1 Tether Line
Level: 1
Background
Omega Research proposed Tether line in June 2000. I utilized it in fast-slow line form to follow trend.
Function
Due it can provides good support and resistance, using it as "moving average" fast-slow line form can provide very stable golden cross and dead cross signal.
You can adjust parameters to fit for your trading pair and use it and compare it with Supertrend indicator.
Key Signal
Tether_fast --> Tether Fast Line.
Tether_slow --> Tether Slow Line.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
Background
Omega Research proposed Tether line in June 2000. I utilized it in fast-slow line form to follow trend.
Function
Due it can provides good support and resistance, using it as "moving average" fast-slow line form can provide very stable golden cross and dead cross signal.
You can adjust parameters to fit for your trading pair and use it and compare it with Supertrend indicator.
Key Signal
Tether_fast --> Tether Fast Line.
Tether_slow --> Tether Slow Line.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
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Açık kaynak kodlu komut dosyası
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 publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
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Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
Feragatname
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