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Deadband cross detection for BTC (XBT)

Description: meant to be used with BTCUSD (or XBTUSD ) on 3 mins to 1h candles charts.
Idea is to provide a tool to detect break-out's from a dead band around an EMA , and to detect back-in's to the dead band.
Detection is fundamentally based on how much %, at least, a certain candle body has ruptured the dead band (adjustable).
Long and short flags are placed on the chart, as well as the deadband. Can be used to generate alers .
With minimal modifications, can be convert to a Strategy script.

Following are ideas to play around if you want. Room for improvements:
- convert constants into inputs, and diversify thresholds assimetrically
- play around with wether or not using pyramiding (here pyramiding is blocked)
- look at several bars in a sequence, not only current

Skript med en öppen källkod

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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