OPEN-SOURCE SCRIPT
Redwire's ALMA Bands
These ribbons are based on Arnaud Legoux's moving average and combined with Fibonacci levels to create near perfect points of interest. when price action enters one of these bands watch for it's reaction, if price gets rejected expect it to return to the previous band, like wise if the price breaks above one band you can expect it to continue to the next.
simple yet elegant
Suggested use of this script is to place take profit orders within the plotted bands or trade breakouts and rejections.
Please do not base your trades entirely on this indicator it is meant as an addition tool to use along with other methods.
simple yet elegant
Suggested use of this script is to place take profit orders within the plotted bands or trade breakouts and rejections.
Please do not base your trades entirely on this indicator it is meant as an addition tool to use along with other methods.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。