OPEN-SOURCE SCRIPT
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Buying with momentum

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This is a beginner script, any feedback is welcome.

It indicates a bull trend with or without volume (yellow and green arrow) and give a buy signal (green flag) once the trend is "confirmed" and the stock became good for the buy market.

I look forward to make this for a bear market as well, but it's not good for now.


Symbols and its meanings:

Yellow Arrows --> When the EMA of 9 candles and the MA of 21 candles are higher then the previous candle.
Green Arrows --> When the EMA of 9 candles and the MA of 21 candles are higher then the previous candle and the volume is higher than the MA of 21 candles.
Green Flag --> The previous candles has a green arrow and the running candle reaches the previous candle high + 1 point/cent.
Sürüm Notları
Correction of the study name.

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.