HPotter

Moving Average Envelopes Backtest

Moving Average Envelopes are percentage-based envelopes set above and
below a moving average. The moving average, which forms the base for
this indicator, can be a simple or exponential moving average . Each
envelope is then set the same percentage above or below the moving average.
This creates parallel bands that follow price action. With a moving average
as the base, Moving Average Envelopes can be used as a trend following indicator.
However, this indicator is not limited to just trend following. The envelopes
can also be used to identify overbought and oversold levels when the trend is
relatively flat.

You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Rimuovi dagli script preferiti Aggiungi agli script preferiti
DONATE/TIP

BTC: 3FKWwtaYrf5NHZzaCi1fyAfQj7XSgtyCqe
Thank you!
How can i change this to start backtesting from year 2015?
Rispondi
How can I change this to long only trades?
Rispondi
@Lars1, To change line 33 on strategy.close_all()
+1 Rispondi
Thx for this work - I analysed this one - can you explain me these lines of code?
pos = iff(close > xHighBand, 1,
iff(close <xLowBand, -1, nz(pos, 0)))
possig = iff(reverse and pos == 1, -1,
iff(reverse and pos == -1, 1, pos))

Are you calculating the bearish or bullish?
+1 Rispondi
TheBullCapital TheBullCapital
When he close higher then the Upperbnad the you draw a green line when the close LowBand than you draw a red one - but waht is the reason behind?
Rispondi
Home Screener azioni Screener forex Screener cripto Calendario economico Come funziona Caratteristiche Grafico Costi Regolamento Moderatori Soluzioni per broker & siti web Widget Librerie grafiche Chiedi aiuto Suggerisci funzionalità Blog & Novità FAQ Wiki Twitter
Profilo Impostazioni profilo Account e fatturazione TradingView Coin I miei ticket di supporto Chiedi aiuto Idee pubblicate Follower Seguiti Messaggi Privati Chat Esci