Hi ,
I would love to use a strategy that indicates when prices are rejected or break out of a 20-MVA or 50 SMA ..THese lines act as support/resistance and thus an indicator which gives us indication when price s near this moving average line (including breakout/rejection ) that indicato would be really useful..We can see that 200 SMA is a very significant line and prices have been rejected several times of the 200 SMA in the EUR/USD daily chart attached and this strategy is a very powerful strategy..
Arun
MA rejection Strategy
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MA rejection Strategy
by arunaa » Thu Feb 24, 2011 3:15 am
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Re: MA rejection Strategy
by Alexander.Gettinger » Tue Feb 19, 2019 11:14 pm
Please try this strategy:
MA_Rejection_Strategy.lua- (6.38 KiB) Downloaded 330 times
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