Created
June 30, 2019 01:40
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The Rastani Ribbon, based on Alessio Rastani's moving averages
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| // See: Here's Exactly WHEN I am Buying Bitcoin. Alessio Rastani. Published on 8 Jun 2019. https://youtu.be/TiUUJxdynaY | |
| study(title = "Rastani Ribbon", shorttitle="Rastani Ribbon", overlay=true) | |
| src0 = close, len1 = input(21, minval=1, title="MA Length") | |
| src1 = close, len2 = input(55, minval=1, title="MA Length") | |
| src2 = close, len3 = input(100, minval=1, title="EMA Length") | |
| src3 = close, len4 = input(100, minval=1, title="MA Length") | |
| src4 = close, len0 = input(200, minval=1, title="MA Length") | |
| sma1 = sma(src1, len1) | |
| sma2 = sma(src2, len2) | |
| ema3 = ema(src3, len3) | |
| sma4 = sma(src4, len4) | |
| ema0 = sma(src0, len0) | |
| plot_color1 = sma1 >= sma1[2] ? blue : sma1 < sma1[2] ? blue : na | |
| plot_color2 = sma2 >= sma2[2] ? #FF00FF : sma2 < sma2[2] ? #FF00FF : na | |
| plot_color3 = ema3 >= ema3[2] ? #FFFF00 : ema3 < ema3[2] ? #FFFF00 : na | |
| plot_color4 = sma4 >= sma4[2] ? red : sma4 < sma4[2] ? red : na | |
| plot_color0 = ema0 >= ema0[2] ? red : sma4 < sma4[2] ? red : na | |
| plot(sma1, title="MA Plot", style=line, linewidth=1, color = plot_color1) | |
| plot(sma2, title="MA Plot", style=line, linewidth=1, color = plot_color2) | |
| plot(ema3, title="EMA Plot", style=line, linewidth=3, color = plot_color3) | |
| plot(sma4, title="MA Plot", style=line, linewidth=1, color = plot_color4) | |
| plot(ema0, title="MA Plot", style=line, linewidth=3, color = plot_color0) |
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