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[redxbt] Moving Average Exit

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Trend Analysis
36
3
trendanalysis
Simple script meant to be used in conjunction with an MA strategy for BTC.

The script take into account the percentage differential between the candle high and the MA of choice to print a long exit signal, vice versa for shorts.

Default settings are to be used during parabolic environments on BTC, NOT during stale price action or downtrends.

Tinkering with the base settings is encouraged to match your own MA strategy
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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