OPEN-SOURCE SCRIPT
Multi-Timeframe Golden Cross_Raden (DCMS)
How the Script Works
The f_checkGoldenCross function:
Calculates the fast MA (50-day SMA) and slow MA (200-day SMA) for a given timeframe.
Returns true if a Golden Cross (fast MA crossing over slow MA upwards) occurs, false otherwise.
Detection per Timeframe:
Golden Crosses are checked for 8 timeframes: 1m, 5m, 15m, 1h, 4h, D, W, M.
If a crossover occurs, a green label with the text "GC" + the timeframe appears above the candle.
Visualization:
The fast MA (blue) and slow MA (red) are plotted on the current timeframe chart.
The Golden Cross label appears for each timeframe that detects a crossover.
Alerts:
Automatic alerts for Golden Crosses on the current timeframe chart (via maFastCurrent and maSlowCurrent).
Additional alerts for each timeframe (1m, 5m, etc.) so you can set notifications separately in TradingView.
___---Important Notes---___
Historical Data: Ensure the chart has enough bars (at least 200 for the 200-day MA) on the higher timeframes (W, M). If there's not enough data, the Golden Cross on those timeframes won't be detected.
Performance: Since we're explicitly checking 8 timeframes, this script should be lighter than an array loop, but still performs well on charts with long data sets.
Customization: If you'd like to add filters (for example, volume or RSI to confirm the Golden Cross), let me know, and I'll add them!
Debugging: If the error persists, copy and paste the error message from PineScript Editor or a screenshot, and I'll help you troubleshoot.
The f_checkGoldenCross function:
Calculates the fast MA (50-day SMA) and slow MA (200-day SMA) for a given timeframe.
Returns true if a Golden Cross (fast MA crossing over slow MA upwards) occurs, false otherwise.
Detection per Timeframe:
Golden Crosses are checked for 8 timeframes: 1m, 5m, 15m, 1h, 4h, D, W, M.
If a crossover occurs, a green label with the text "GC" + the timeframe appears above the candle.
Visualization:
The fast MA (blue) and slow MA (red) are plotted on the current timeframe chart.
The Golden Cross label appears for each timeframe that detects a crossover.
Alerts:
Automatic alerts for Golden Crosses on the current timeframe chart (via maFastCurrent and maSlowCurrent).
Additional alerts for each timeframe (1m, 5m, etc.) so you can set notifications separately in TradingView.
___---Important Notes---___
Historical Data: Ensure the chart has enough bars (at least 200 for the 200-day MA) on the higher timeframes (W, M). If there's not enough data, the Golden Cross on those timeframes won't be detected.
Performance: Since we're explicitly checking 8 timeframes, this script should be lighter than an array loop, but still performs well on charts with long data sets.
Customization: If you'd like to add filters (for example, volume or RSI to confirm the Golden Cross), let me know, and I'll add them!
Debugging: If the error persists, copy and paste the error message from PineScript Editor or a screenshot, and I'll help you troubleshoot.
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.