OPEN-SOURCE SCRIPT
Moving_average-10/5
Updated
This moving average contain three moving averages , where two moving average corssover work and 1 moving average corssover on candle
when candle cross above or below moving average 10 or 5 its gives signals buy or sell ....
not work in ranging market .
backtest first before use in real trading for study how its work on chart.
thank you
when candle cross above or below moving average 10 or 5 its gives signals buy or sell ....
not work in ranging market .
backtest first before use in real trading for study how its work on chart.
thank you
Release Notes
only for educational purpose .....moving average crossover on bars and MA10 with MA5
**** not to use in rainging market ****
work desent with 5 min or above timeframe
alert condition available
for buy
exit trade when candle close below MA5
and reenter trade when candle close above MA5
for sell
exit trade when candle close above MA5
and reenter trade when candle close below MA5
backtest or forward test first before execute in real...
Thank you
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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.