OPEN-SOURCE SCRIPT
Updated Perfect MA Touch – Full Setup 1,3,5,7,8,9
This indicator helps you track a precise candle countdown from a moving average touch, labeling key bars (1, 3, 5, 7, 8, 9) for timing entries and momentum setups — with optional coloring, alerts, and full customization.
What It Detects
1. MA Touch Trigger
The sequence starts when any selected moving average (up to 6 MAs, customizable) is touched by the candle's high/low range.
This "perfect touch" initiates the count and labels that candle as "1".
2. Candle Number Labels
After a perfect MA touch:
Candle 1 = the bar that touches the MA
Candle 3 = two bars after Candle 1
Candle 5 = the fifth bar after the touch
Candle 7 = third bar after Candle 5
Candle 8 = fourth bar after Candle 5
Candle 9 = fifth bar after Candle 5
It creates a time-based sequence you can use to anticipate reactions or momentum shifts.
3. Customization
You can:
Choose between EMA or SMA for each MA (6 total)
Set custom lengths for each MA (9, 20, 50, 100, 150, 200)
Choose which candle numbers (1, 3, 5, 7, 8, 9) to highlight
Pick font size and label color
4. Highlighting and Alerts
Highlight candles (with color) when certain bars (like 3, 5, 7) print
Alerts are available for all tracked bars (1, 3, 5, 7, 8, 9)
Use Case Example
Let’s say you want to enter trades on the 3rd candle after a perfect MA touch:
You set the script to highlight candle 3.
When a candle hits your chosen MA (say EMA 9), it’s labeled “1”.
Two bars later, bar 3 appears — giving you a timed signal to enter if price behavior aligns.
This method is especially useful when paired with:
Volume confirmation
Breakout or reversal patterns
Support/resistance or order block zones
What It Detects
1. MA Touch Trigger
The sequence starts when any selected moving average (up to 6 MAs, customizable) is touched by the candle's high/low range.
This "perfect touch" initiates the count and labels that candle as "1".
2. Candle Number Labels
After a perfect MA touch:
Candle 1 = the bar that touches the MA
Candle 3 = two bars after Candle 1
Candle 5 = the fifth bar after the touch
Candle 7 = third bar after Candle 5
Candle 8 = fourth bar after Candle 5
Candle 9 = fifth bar after Candle 5
It creates a time-based sequence you can use to anticipate reactions or momentum shifts.
3. Customization
You can:
Choose between EMA or SMA for each MA (6 total)
Set custom lengths for each MA (9, 20, 50, 100, 150, 200)
Choose which candle numbers (1, 3, 5, 7, 8, 9) to highlight
Pick font size and label color
4. Highlighting and Alerts
Highlight candles (with color) when certain bars (like 3, 5, 7) print
Alerts are available for all tracked bars (1, 3, 5, 7, 8, 9)
Use Case Example
Let’s say you want to enter trades on the 3rd candle after a perfect MA touch:
You set the script to highlight candle 3.
When a candle hits your chosen MA (say EMA 9), it’s labeled “1”.
Two bars later, bar 3 appears — giving you a timed signal to enter if price behavior aligns.
This method is especially useful when paired with:
Volume confirmation
Breakout or reversal patterns
Support/resistance or order block zones
Release Notes
This indicator helps you track a precise candle countdown from a moving average touch, labeling key bars (1, 3, 5, 7, 8, 9) for timing entries and momentum setups — with optional coloring, alerts, and full customization.What It Detects
1. MA Touch Trigger
The sequence starts when any selected moving average (up to 6 MAs, customizable) is touched by the candle's high/low range.
This "perfect touch" initiates the count and labels that candle as "1".
2. Candle Number Labels
After a perfect MA touch:
Candle 1 = the bar that touches the MA
Candle 3 = two bars after Candle 1
Candle 5 = the fifth bar after the touch
Candle 7 = third bar after Candle 5
Candle 8 = fourth bar after Candle 5
Candle 9 = fifth bar after Candle 5
It creates a time-based sequence you can use to anticipate reactions or momentum shifts.
3. Customization
You can:
Choose between EMA or SMA for each MA (6 total)
Set custom lengths for each MA (9, 20, 50, 100, 150, 200)
Choose which candle numbers (1, 3, 5, 7, 8, 9) to highlight
Pick font size and label color
4. Highlighting and Alerts
Highlight candles (with color) when certain bars (like 3, 5, 7) print
Alerts are available for all tracked bars (1, 3, 5, 7, 8, 9)
Use Case Example
Let’s say you want to enter trades on the 3rd candle after a perfect MA touch:
You set the script to highlight candle 3.
When a candle hits your chosen MA (say EMA 9), it’s labeled “1”.
Two bars later, bar 3 appears — giving you a timed signal to enter if price behavior aligns.
This method is especially useful when paired with:
Volume confirmation
Breakout or reversal patterns
Support/resistance or order block zones
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.