OPEN-SOURCE SCRIPT
Updated Ultimate Moving Average support&resistance [CC+RedK+LM]

Hey traders,
I would like to introduce you my new script that is based on amazing script Ultimate Moving Average [CC+RedK] from @cheatcountry and @RedKTrader so shout out to them
The idea is the same like in my other S/R script to look for areas of potencial reversals
You can either use it as moving average as cheatcountry intended or you can add S/R lines. If you want to look at more detailed, please visit cheatcountry's script where explains idea behind his moving average.
Thank you and I hope you will enjoy it.
I would like to introduce you my new script that is based on amazing script Ultimate Moving Average [CC+RedK] from @cheatcountry and @RedKTrader so shout out to them
The idea is the same like in my other S/R script to look for areas of potencial reversals
You can either use it as moving average as cheatcountry intended or you can add S/R lines. If you want to look at more detailed, please visit cheatcountry's script where explains idea behind his moving average.
Thank you and I hope you will enjoy it.
Release Notes
fixing problem with max_bar_countRelease Notes
adding another fixOpen-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.
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.
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.