MA Filter max distance
In MA Filter, we only have a condition for the minimum distance between the price and MA.
I propose to make a condition for the maximum price distance to the MA. Such a filter will allow you to refine the entry point for some trend strategies. Or more accurately identify important levels (proximity to MA)
To illustrate (abstract strategy):
buying above MA200
stochastic inside the lower zone
maximum distance to MA - X
red arrow - filtered entrance by maximum distance condition
green - triggered entrance
Example 1:
Example 2:
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Try to use negative distance with Reverse mode