This script focuses on price touching a chosen moving average.
If price is below the moving average, high touches will print bearish signals, if above the MA, lows crossing the MA will print buys.
I've included a closing and sequential filter for real time signal accuracy and to optionally prevent sequential signals. Users can also choose the type of MA and the size of the plot shape.
Thanks.
If price is below the moving average, high touches will print bearish signals, if above the MA, lows crossing the MA will print buys.
I've included a closing and sequential filter for real time signal accuracy and to optionally prevent sequential signals. Users can also choose the type of MA and the size of the plot shape.
Thanks.
Versionsinformation:
Added MTF function, Fixed Typo