OPEN-SOURCE SCRIPT
[blackcat] L1 Buy After Retracement
Level 1
Background
A summary of Buy After Retracement Entry Points.
Function
The "retraction to the moving average buying method", as the name suggests, is a buying reference for short-term adjustment and retracement to the key moving average after a single stock rises. For example, after the index has undergone a sharp correction, many strong stock varieties have retreated or are about to retreat to the key moving average position, and the buying point generated at this time is the "retraction to moving average buying method". Because candlesticks and moving averages have different styles, I summarize what I think of through this script.
Remarks
Feedbacks are appreciated.
Background
A summary of Buy After Retracement Entry Points.
Function
The "retraction to the moving average buying method", as the name suggests, is a buying reference for short-term adjustment and retracement to the key moving average after a single stock rises. For example, after the index has undergone a sharp correction, many strong stock varieties have retreated or are about to retreat to the key moving average position, and the buying point generated at this time is the "retraction to moving average buying method". Because candlesticks and moving averages have different styles, I summarize what I think of through this script.
Remarks
Feedbacks are appreciated.
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