The "retraction to the moving average buying method", as the name suggests, is a buying reference for short-term adjustment and retracement to the key moving average after a single stock rises. For example, after the index has undergone a sharp correction, many strong stock varieties have retreated or are about to retreat to the key moving average position, and the buying point generated at this time is the "retraction to moving average buying method". Because candlesticks and moving averages have different styles, I summarize what I think of through this script. Remarks Feedbacks are appreciated.
Well，very nice ! I have a good idea. I will buy it if the candle close > notexthc a little and the volume > volume(22) The price is supported by the trading volume ! Do you agree me ?
blackcat1402
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@Vivid007, sure, but the number of signal may be few :D
blackcat1402
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yellow and fuchsia color long entry points perform better
faith_defender
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Hello. Can you do this for a 3 and an 8 moving average. With the same reasoning you use in your current indicator showing a buy or sell signal. With options for ema sma, etc? Thank you for considering.
blackcat1402
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@faith_defender, sure, you can diy, that is the reason why this is open sourced.
faith_defender
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@blackcat1402, I'm smart, but not that smart. No worries.
massivePython49493
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If you are able to capitalize on fib retracement based on timeframe like 5, 15 minutes, 1hr , 4hr 1 dat etc with buy sell; it would be a hell of a tool. pls think about it. u can use colejustice Average daily range fib indicator to work upon.
I have a good idea.
I will buy it if the candle close > notexthc a little and the volume > volume(22)
The price is supported by the trading volume !
Do you agree me ?