Get started
happyTacos

WMA Crossover

happyTacos  
Moving Averages Weighted Moving Average (WMA) mobing average nolag crossovertrading buy SELL signal
49
5
movingaverage wma mobing average nolag crossovertrading buy sell signal
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.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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.

Want to use this script on a chart?