Daveatt

MA pullback

Hello traders

This is a script to detect a pullback on a all standard types of moving averages
You'll have the option to define two parameters a bit specific :

  • Pullback percentage : if you want the pullback to be defined in percentage. Example: I want to capture pullbacks 3% away from my EMA 20
  • Buffer : Secruty margin for the pullback. You might not want an exact physical touch on the pullback but to let for instance a few pips/USD margin between the price and moving average

If you'd like the pullback to be "price has to touch the moving average", please set the buffer parameter to 0

Enjoy
Dave

👨‍💻 Need help you with your FTMO/TopStep verif?

⭐️ Listed as TradingView Trusted Pine Programmer

📧 dave@best-trading-indicator

Telegram: Daveatt

⏩ Course: best-trading-indicator.com

Twitter: twitter.com/bti_trading
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?