OPEN-SOURCE SCRIPT

Swing T3 Ribbon with Dynamic Bands

114
wing T3 Ribbon with Dynamic Bands

This indicator combines T3 moving averages with a dynamic Bollinger-style ribbon to highlight early trend changes and volatility-driven price moves.

Key Features:

T3 Ribbon: Fast T3 vs. Slow T3 shows trend direction; ribbon color is green for bullish, red for bearish.

Dynamic Bands: Bands fluctuate with recent price volatility, similar to Bollinger Bands, providing a visual guide for overbought/oversold areas.

Early Swing Markers:

E0 (Early Upswing): Price above top band while trend is temporarily bearish.

Ex (Early Downswing): Price below bottom band while trend is temporarily bullish.

Alerts:

Early upswing (E0)

Early downswing (Ex)

Price crossing the bottom (red) band from below.

Purpose:

Helps traders detect early trend reversals or price breakouts in the context of volatility.

Dynamic bands adapt to changing market conditions, giving a more responsive signal than fixed-width ribbons.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.