Noro's Trend Ribbon Strategy

One moving average ( SMA ) is used. The channel is convened at a moving average rather than prices. Blue is a uptrend. Red is a downtrend.

If the candle has closed above the ribbon - open long (and close short)
If the candle has closed below the ribbon - open short (and close long)

發行說明

+ ohlc4

發行說明

+ Signal Source

發行說明

+ MA Type (sma, ema, vwma)

發行說明

+ MA Type (rma)

發行說明

+ checkbox (long, short, etc)

ROBO_Trading

開源腳本

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. 您可以收藏它以在圖表上使用。