OPEN-SOURCE SCRIPT
HOLY Vegas SUPER 17
The core concept of the Vegas Tunnel:
Vegas believes that:
Prices fluctuate around value (moving averages), and when prices deviate too far from value, they will eventually revert to or continue, forming a new trend.
Therefore, he uses EMAs to create a dynamic channel to observe the relationship between price and trend.
Vegas believes that:
Prices fluctuate around value (moving averages), and when prices deviate too far from value, they will eventually revert to or continue, forming a new trend.
Therefore, he uses EMAs to create a dynamic channel to observe the relationship between price and trend.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.