PROTECTED SOURCE SCRIPT

Trade with Trend (MA + MACD + Pivot)

32
This Indicator is meant for educational purpose, it is still on the early stage of development.

Strategy:

Uptrend Entry Criteria
1. price above SMA
2. price haven't reach R3
3. MACD histogram above 0
4. both MACD Line and Signal Line above 0

Downtrend Entry Criteria
1. price below SMA
2. price haven't reach R3
3. MACD histogram below 0
4. both MACD Line and Signal Line below 0

D.Avg (ADR) : Daily Average price movement of the Asset
T.Range : Range of price had moved today
A.Profit : D.Avg - T.Range = Remaining possible price movement (negative if fully moved)
TP (Long) : price + A.Profit
TP (Short) : price - A.Profit
Caveat: Do not trade when A.Profit is negative (TP is inversed)

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.