OPEN-SOURCE SCRIPT

Automated Trading Signal

Key Components of an Automated Trading Signal Strategy:
Signal Generation: We still rely on the 13-period, 30-period, and 44-period moving averages to generate the buy and sell signals.
Trade Execution: The strategy will automatically open positions when the conditions for the buy or sell signal are met.
Risk Management: We’ll add Stop-Loss, Take-Profit, and Position Sizing for better risk management in live trading.
Candlestick analysisChart patternsMoving Averages

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.

Want to use this script on a chart?

Disclaimer