Triple MA Buy Sell — Indicator by Eff_Hash

movingaverage ema educational buy sell sma filter

This simple script show potentiel trade entry points using 3 MA, can be switch by EMA and SMA type.
Adjust the MA(s) Length depending pairs and timeframe you use.

Buy & Sell labels can be display by input settings.
Action are take by the following rule:

Long signal:
MA3 > MA2 > MA1

Short signal:
MA1> MA2 > MA3

Add some filters is really needed to make this usable.
using my "Flat Detect By Bollinger Bands" indicator can be a debut

Release Notes:

Alerts Added

Release Notes:

EMA Filter added.
You can now display and/or use an EMA as a trend Filter with the desired length to filter signals and keep only signals according to the trend direction.
If filter is activated, it's filter displayed signals on the chart and also alerts.

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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