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piotryordanov

MA Breakouts

piotryordanov Updated   
Moving Averages
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movingaverage
Script changes the body color of candles that go through a moving average which can be either a sign of continuation after a pullback in a downtrend, or a reversal otherwise.
Sometimes PA can bounce around that moving average too!
Release Notes:
Script changes the body color of candles that go through a moving average which can be either a sign of continuation after a pullback in a downtrend, or a reversal otherwise.
Sometimes PA can bounce around that moving average too!
-- By Piotr Yordanov
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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