ItalianMat

Forward Cross Projection

ItalianMat Mis à jour   
A quick script used to predict the average value the price should have to create a cross between a slow and fast MA at a given time. The line is red when the current cross is bullish and the line is green when the current cross is bearish. Crossing a red line downwards means that the price is getting lower and a bearish death cross is impending. Crossing a green line upwards means that the price is rising and a bullish cross is impending. Script was made thanks to the idea of Dannii
Notes de version:
A quick script used to predict the average value the price should have to create a cross between a slow and fast MA at a given time. The line is red when the current cross is bullish and the line is green when the current cross is bearish . Crossing a red line downwards means that the price is getting lower and a bearish death cross is impending. Crossing a green line upwards means that the price is rising and a bullish cross is impending. Script was made thanks to the idea of Dannii.

Meaning of the Line

The line signifies the average value the price would need to close at to make a cross at the selected X period between a slow and a quick moving average.
How to trade it
Possibly a Trigger/Exit/Confirmation signal.

Case 1 The fast moving average is right now above the slow moving average
The line turns red and it signifies the price at which candles have to close to create a "Death" Bearish Cross. If the price crosses below the line, it's bound to make the SMAs cross.
If the line is green, the opposite applies. To create a bullish cross you need the price to stay above the green level.

Update 1.0.1
- Fixed quicker period bad calculation
Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Clause de non-responsabilité

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