Simple Moving Average Strategy (@crypto_bing)
WORK IN PROGRESS - USE WITH CAUTION
This script uses two moving averages to help identify when to enter/exit trades. The script works on all timeframes and is best used in trending markets.
Key:
When not in trade consider easing in as buy signal strength increases.
When in trade consider easing out as buy signal strength decreases.
ALWAYS USE RISK MANAGEMENT AND REMEMBER TO TAKE PROFITS
This script uses two moving averages to help identify when to enter/exit trades. The script works on all timeframes and is best used in trending markets.
Key:
- Red cross = Exit positions / stay out of market
Red up arrow = Weak buy signal
Orange up arrow = Moderator buy signal
Green up arrow = Strong buy signal
When not in trade consider easing in as buy signal strength increases.
When in trade consider easing out as buy signal strength decreases.
ALWAYS USE RISK MANAGEMENT AND REMEMBER TO TAKE PROFITS
Release Notes:
Add alert conditions. See blog.tradingview.com...alerts-in-pine-1633/ for more information.
Release Notes:
Add plot titles.
Release Notes:
SCRIPT DEPRECATED