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Trendfollower – Moving Averages in stage 1 or stage 3
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=73537
Forum: 17 · Topic 73537 · 1 post(s)
Trendfollower – Moving Averages in stage 1 or stage 3
Apprentice · Wed Mar 29, 2023 4:28 am
Based on the request. https://www.prorealcode.com/prorealtime … or-stage-3
The idea is based on the assumption that an outbreaking price above or below the high or low of a SMA 34 is a strong trend signal.
To confirm this assumption, we look at the same time for a new 13 day high / low.