Example - MA-Cross Retracement Detection
The retracement tracker function(s) in this script outline how to:
What is a retracement?
"Retracements are temporary price reversals that take place within a
larger trend. The key here is that these price reversals are temporary
and do not indicate a change in the larger trend."
Quote Source: https://www.investopedia.com
- Track conditions using "toggle" booleans.
- Use multiple coinciding conditions to trigger an event just once.
What is a retracement?
"Retracements are temporary price reversals that take place within a
larger trend. The key here is that these price reversals are temporary
and do not indicate a change in the larger trend."
Quote Source: https://www.investopedia.com
Versionshinweise:
Typo fix.