Hello everyone!
This is a indicator based on the MACD and the distance between the current price and the Exponential moving Average .
The signal gets triggered if the current MACD (with default settings) is under 0 and the Distance from the Ema gets smaller if under ema or gets bigger if over ema . In edition you can set a max distance from the ema .
This...
MACD = Moving Average Convergence and Divergence
Hybrid = Combining the two main MACD signals into one indicator
BSH = Buy Sell Hold
This indicator looks for a crossover of the MACD moving averages (12ema and 26ema) in order to generate a buy/sell signal and a crossover of the MACD line (12ema minus 26ema) and MACD signal line (9ema of MACD line) in order to...
This is a function that you can use in strategies. Not a strategy in and of itself.
Example thumbnail is showing the function applied to a strategy.
Oftentimes, I am asked a question regarding how to hold a variable at a specific, constant level over a conditional period of time. This question is always asked in a very long convoluted way like "I want the...
![NQ1!: [FN] Strategy - Store Level on Condition](https://s3.tradingview.com/w/WrjN4xGt_mid.png "[FN] Strategy - Store Level on Condition")
