Trendfollower – Moving Averages in stage 1 or stage 3

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Trendfollower – Moving Averages in stage 1 or stage 3

Postby Apprentice » Wed Mar 29, 2023 4:28 am

EURUSD m1 (03-29-2023 1127).png

Based on the request.
https://www.prorealcode.com/prorealtime ... or-stage-3

The idea is based on the assumption that an outbreaking price above or below the high or low of a SMA 34 is a strong trend signal.

To confirm this assumption, we look at the same time for a new 13 day high / low.
Trend follower.lua
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