OPEN-SOURCE SCRIPT
Inverted Projection
The "Inverted Projection" indicator calculates the Simple Moving Average (SMA) and draws lines representing an inverted projection. The indicator swaps the highs and lows of the projection to provide a unique perspective on price movement.
This indicator is a simple study that should not be taken seriously as a tool for predicting future price movements; it is purely intended for exploratory purposes.
This indicator is a simple study that should not be taken seriously as a tool for predicting future price movements; it is purely intended for exploratory purposes.
Open-source script
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.
The trend is your friend, until it's not...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
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.
The trend is your friend, until it's not...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.