Hello traders
This is a script to detect a pullback on a all standard types of moving averages
You'll have the option to define two parameters a bit specific :
If you'd like the pullback to be "price has to touch the moving average", please set the buffer parameter to 0
Enjoy
Dave
This is a script to detect a pullback on a all standard types of moving averages
You'll have the option to define two parameters a bit specific :
- Pullback percentage : if you want the pullback to be defined in percentage. Example: I want to capture pullbacks 3% away from my EMA 20
- Buffer : Secruty margin for the pullback. You might not want an exact physical touch on the pullback but to let for instance a few pips/USD margin between the price and moving average
If you'd like the pullback to be "price has to touch the moving average", please set the buffer parameter to 0
Enjoy
Dave
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⭐️ Listed as TradingView Trusted Pine Programmer
📧 dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading