Reduced some noise for the signals. Hope anyone can enjoy it. But keep in mind, did not test it on live trading! Had just some time and love to work in pine :)
reduced some noise with a little tweak of the trend settings (changes ema into sma)
glad that you like that script guys! :) probs to @ethies aka @kingthies 🤟
Trying to fix that ghost alert issue that the original script has. Modified the code and added new lines. Hopefully this fix it. Didn't try it out for now - let me know it the issue is solved.
- remove the ghost signals on alerts - now you should only receive one buy & sell signal
- change the up-/downtrend length and see which settings works better out
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.
It can't repaint, because its not using security function.