OPEN-SOURCE SCRIPT
TMA Centered Bands Indicator with alerts
To activate alert, you must manually create an alert. By selecting in 'Condition' TMA v0.42 and the option 'Any alert () function call'. The types of alerts can be found in the indicator settings. Each time the parameters are changed, a new alert must be created.
Good tool for estimation, but in no way should it be used in "signaling" mode since the signals are going to change because of recalculating and repainting.
Good tool for estimation, but in no way should it be used in "signaling" mode since the signals are going to change because of recalculating and repainting.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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