OPEN-SOURCE SCRIPT
Cloud Ribbon ++ by [JohnnySnow]
Inspired by my favorite EMA ribbon - "EMA Ribbon [Krypt]" by fskrypt.
This Ribbon ADD the option to choose the avarage algorithm of the ribbon [ "EMA", "SMA", "VWMA", "WMA", "HMA" ].
Created also to be more friendly to read along with trendlines and Fibonacci retracements.
For those like me that NOT use this ribbon to find exact price action but instead, to have a grasp of possible Support/Resistance strenght ahead.
High transparency lines and a configurable color palette for filling the background give the ribbon a look of support/ Resistance cloud Strenght.
Each MA length, line, and background color can be easily configured.
This Ribbon ADD the option to choose the avarage algorithm of the ribbon [ "EMA", "SMA", "VWMA", "WMA", "HMA" ].
Created also to be more friendly to read along with trendlines and Fibonacci retracements.
For those like me that NOT use this ribbon to find exact price action but instead, to have a grasp of possible Support/Resistance strenght ahead.
High transparency lines and a configurable color palette for filling the background give the ribbon a look of support/ Resistance cloud Strenght.
Each MA length, line, and background color can be easily configured.
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.