OPEN-SOURCE SCRIPT
Dynamic_Retracement_Target
Hello.
This script uses 3 moving averages. I used the ALMA moving averages with 34 , 144 and 610 periods.
The script chooses the highest moving average as well the lowest moving averge.
As the distance between the highest and lowest is known it calculate the targets superior end inferior as well the levels of retracement considering the highest and lowest moving average.
The periods, levels and targets can be set as you wish. I ask you to keep the diference among periods from 4x to 4.24x.
Lines inclined up and price above L.sup, look for a oportunity to buy untill the superior target, wich is your exit point
Lines inclined down and price under L.inf, look for a oportunity to sell untill the inferior target, wich is your exit point.
Enjoy ,coment
This script uses 3 moving averages. I used the ALMA moving averages with 34 , 144 and 610 periods.
The script chooses the highest moving average as well the lowest moving averge.
As the distance between the highest and lowest is known it calculate the targets superior end inferior as well the levels of retracement considering the highest and lowest moving average.
The periods, levels and targets can be set as you wish. I ask you to keep the diference among periods from 4x to 4.24x.
Lines inclined up and price above L.sup, look for a oportunity to buy untill the superior target, wich is your exit point
Lines inclined down and price under L.inf, look for a oportunity to sell untill the inferior target, wich is your exit point.
Enjoy ,coment
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。