OPEN-SOURCE SCRIPT

MA Proximity Alert System

3 707
This script enables you to get an alert when the price gets in close proximity to moving average of your choice.

►Proximity is a true range multiplied by the number of your choice
►It is designed to be used as a one-use alert. If you enable it to give you one alert per bar close, it is possible to limit the spam by number of periods for which price must be outta proximity range
►Calculations T3, EMA, SMA for true range channel
►EMA and SMA for moving average

I circled the areas where I find the reaction somewhat interesting. Although, I think there are more areas when alert would be useful in the chart.

Have a great trade!

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