OPEN-SOURCE SCRIPT
Persistency - Days over MA
Persistency of trend
This script calculates how many days price has been over a Moving Average.
How to use the indicator
You can use it to find persistency of trend.
Over a certain threshold - number of days - you will find a very strong persistency of trend that has a high probability of continuing longer than you may first expect. It's up to you to find the threshold numbers. Let's be clear though it's a pretty high number.
You can change amount of days to fewer to find shorter term persistency as well.
Settings
You can configure settings of MA and amount of days to fit your needs.
This script calculates how many days price has been over a Moving Average.
How to use the indicator
You can use it to find persistency of trend.
Over a certain threshold - number of days - you will find a very strong persistency of trend that has a high probability of continuing longer than you may first expect. It's up to you to find the threshold numbers. Let's be clear though it's a pretty high number.
You can change amount of days to fewer to find shorter term persistency as well.
Settings
You can configure settings of MA and amount of days to fit your needs.
Script open-source
Dans le plus pur esprit 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 nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.