PROTECTED SOURCE SCRIPT
Updated SMA_Cross
This strategy is a variation of standard sma cross that comes as default with pine script
The idea is to NOT wait for a cross between fast and slow moving averages but to anticipate it considering the distance between the two MAs
Strategy can be used also for scalping, just need to be optimized for low tiime frames as 1 minute or 5 minute.
TIP: stay far from resistance and supports. I use my script "LCS/HCR Support and Resistance multi timeframes" to easily identify major supports
and resistance areas (note that I said areas and not lines).
Thanks to ChrisMoody: I used his code snippet for switching between various moving average types and calculation of TEMA and HULL ma.
Next improvements:
- money managment
- self optimization
- convert to study with alerts
This strategy is free to use but code is private. If you like or have question please use comment section.
Check also my other scripts at https://www.tradingview.com/u/03.freeman/#published-scripts.
Thanks for your feedbaks.
The idea is to NOT wait for a cross between fast and slow moving averages but to anticipate it considering the distance between the two MAs
Strategy can be used also for scalping, just need to be optimized for low tiime frames as 1 minute or 5 minute.
TIP: stay far from resistance and supports. I use my script "LCS/HCR Support and Resistance multi timeframes" to easily identify major supports
and resistance areas (note that I said areas and not lines).
Thanks to ChrisMoody: I used his code snippet for switching between various moving average types and calculation of TEMA and HULL ma.
Next improvements:
- money managment
- self optimization
- convert to study with alerts
This strategy is free to use but code is private. If you like or have question please use comment section.
Check also my other scripts at https://www.tradingview.com/u/03.freeman/#published-scripts.
Thanks for your feedbaks.
Release Notes
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Release Notes
Update minor settingsProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.