OPEN-SOURCE SCRIPT
CRC.i Golden Death Cross
This is a simple reproduction of a common indicator used for analyzing the current momentum trend.
Forecasting used in this indicator is a simple moving average, considering the price sma with length of (sma period - future bar count).
More articles at
- Golden Cross => 50 day simple moving average (sma) crosses over the 200 sma
- Death Cross => 50 day simple moving average (sma) crosses under the 200 sma
Forecasting used in this indicator is a simple moving average, considering the price sma with length of (sma period - future bar count).
More articles at
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.
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