OPEN-SOURCE SCRIPT
Dynamic_Retracement_Target

Hello.
This script uses 3 moving averages. I used the ALMA moving averages with 34 , 144 and 610 periods.
The script chooses the highest moving average as well the lowest moving averge.
As the distance between the highest and lowest is known it calculate the targets superior end inferior as well the levels of retracement considering the highest and lowest moving average.
The periods, levels and targets can be set as you wish. I ask you to keep the diference among periods from 4x to 4.24x.
Lines inclined up and price above L.sup, look for a oportunity to buy untill the superior target, wich is your exit point
Lines inclined down and price under L.inf, look for a oportunity to sell untill the inferior target, wich is your exit point.
Enjoy ,coment
This script uses 3 moving averages. I used the ALMA moving averages with 34 , 144 and 610 periods.
The script chooses the highest moving average as well the lowest moving averge.
As the distance between the highest and lowest is known it calculate the targets superior end inferior as well the levels of retracement considering the highest and lowest moving average.
The periods, levels and targets can be set as you wish. I ask you to keep the diference among periods from 4x to 4.24x.
Lines inclined up and price above L.sup, look for a oportunity to buy untill the superior target, wich is your exit point
Lines inclined down and price under L.inf, look for a oportunity to sell untill the inferior target, wich is your exit point.
Enjoy ,coment
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开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。