OPEN-SOURCE SCRIPT
Monthly EMA Touches Counter
Key Features of This Script:
Touch Threshold: The script checks if the price is within a specified percentage of each EMA.
Monthly Touch Counters: Separate counters (touchCountEMA12, touchCountEMA26, touchCountEMA50) are used to count touches for each EMA.
Reset Logic: All counters reset at the start of a new month using if ta.change(time("M")).
Increment Logic: Each counter increments whenever the corresponding EMA is touched during a bar.
Label Management: Labels are created to display each count above the bars at the end of each month.
Alert Conditions: Alerts are set up for when the price touches any of the EMAs.
Usage:
Copy and paste this script into TradingView's Pine Script editor.
Add it to your chart to see how many times the price has touched each of the EMAs (12, 26, and 50) on a monthly basis.
Adjust the Touch Threshold (%) input as needed for sensitivity.
This implementation will allow you to effectively track and visualize how often price touches each of these EMAs on a monthly basis. If you have further modifications or additional features you'd like to explore, feel free to ask
Touch Threshold: The script checks if the price is within a specified percentage of each EMA.
Monthly Touch Counters: Separate counters (touchCountEMA12, touchCountEMA26, touchCountEMA50) are used to count touches for each EMA.
Reset Logic: All counters reset at the start of a new month using if ta.change(time("M")).
Increment Logic: Each counter increments whenever the corresponding EMA is touched during a bar.
Label Management: Labels are created to display each count above the bars at the end of each month.
Alert Conditions: Alerts are set up for when the price touches any of the EMAs.
Usage:
Copy and paste this script into TradingView's Pine Script editor.
Add it to your chart to see how many times the price has touched each of the EMAs (12, 26, and 50) on a monthly basis.
Adjust the Touch Threshold (%) input as needed for sensitivity.
This implementation will allow you to effectively track and visualize how often price touches each of these EMAs on a monthly basis. If you have further modifications or additional features you'd like to explore, feel free to ask
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.