Tuesday, May 17, 2022 4:53:56 PM
I am working to create a couple of scripts to experiment with. I have been using three moving averages as a 'ribbon' on candlestick charts; 8EMA, 13MA, and 21EMA. Example below.
I found this link that describes script that can be used for trading using conditions of three moving averages -
...and I found this link (actually a different place in the same link above) that describes script that can be used for trading using the declining height of histogram bars -
I drew purple circles on the below chart to illustrate the buy/sell conditions I am focusing on.
Anyone done something similar?
I found this link that describes script that can be used for trading using conditions of three moving averages -
...and I found this link (actually a different place in the same link above) that describes script that can be used for trading using the declining height of histogram bars -
I drew purple circles on the below chart to illustrate the buy/sell conditions I am focusing on.
Anyone done something similar?
My posts are my opinion. Always trade at your own risk.
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