Code for bounce off MA
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Hi all,
I trust/hope you are safe and well during these unprecedented times?
i'm wondering if someone has code for MT4 that(?):
1. Detects a bounce of price action off an EMA or an SMA; showing the candle where price intersects, bounces or comes near the MA
Then also code that shows the candle between the two phases as price breaths phase 2 being the pull back or correction.
2. Shows the low of price action during an up swing; ie end of phase 2, and beginning of phase 1 in an up trend bull market
3. Shows the high of price action during a down swing; ie end of phase 2, and beginning of phase 1 in a down trend bear market
Happy to be pointed to resources that either have the code or enable me to create the code myself.
With best regards