lmatl

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

lmatl Updated   
Hey traders,

I would like to introduce you my new script that is based on amazing script Ultimate Moving Average 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

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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