OPEN-SOURCE SCRIPT
Updated

Ultimate Moving Average support&resistance [CC+RedK+LM]

8 433
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.
Release Notes
fixing problem with max_bar_count
Release Notes
adding another fix

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.