OPEN-SOURCE SCRIPT
Redwire's ALMA Bands
These ribbons are based on Arnaud Legoux's moving average and combined with Fibonacci levels to create near perfect points of interest. when price action enters one of these bands watch for it's reaction, if price gets rejected expect it to return to the previous band, like wise if the price breaks above one band you can expect it to continue to the next.
simple yet elegant
Suggested use of this script is to place take profit orders within the plotted bands or trade breakouts and rejections.
Please do not base your trades entirely on this indicator it is meant as an addition tool to use along with other methods.
simple yet elegant
Suggested use of this script is to place take profit orders within the plotted bands or trade breakouts and rejections.
Please do not base your trades entirely on this indicator it is meant as an addition tool to use along with other methods.
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。