happyTacos

WMA Crossover

Normally we have Moving average which is lagging indicator but in this script we have removed the lag and get signal upfront to maximize the profit and minimize the losses.

This is good for Entry purpose, for exit also it can be used but profit might be less. It is suggested to use one of the below method for exit


  • Target based
    RSI divergence or
    Price & Volume Based Analysis
    VWAP ( Volume for Index ( Nifty & BankNifty is not available on Tradingview. Investing.com can be used for the same.)

If need more information on any of the above method, Please comment i will share more information on this either on tradingview or could be on the yourtube video.
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