OPEN-SOURCE SCRIPT
Gold Trading Signal
//version=5
indicator("Gold Trading Signal", overlay=true)
// Input parameter
emaLength = input(200, title="EMA Length")
// Calculate EMA
ema200 = ta.ema(close, emaLength)
// Buy & Sell Conditions
buyCondition = ta.crossover(close, ema200)
sellCondition = ta.crossunder(close, ema200)
// Plot signals
plot(ema200, title="EMA 200", color=color.blue, linewidth=2)
plotshape(buyCondition, location=location.belowbar, color=color.green, style=shape.labelup, title="BUY")
plotshape(sellCondition, location=location.abovebar, color=color.red, style=shape.labeldown, title="SELL")
// Alerts
alertcondition(buyCondition, title="Buy Signal", message="Gold Buy Signal")
alertcondition(sellCondition, title="Sell Signal", message="Gold Sell Signal")
indicator("Gold Trading Signal", overlay=true)
// Input parameter
emaLength = input(200, title="EMA Length")
// Calculate EMA
ema200 = ta.ema(close, emaLength)
// Buy & Sell Conditions
buyCondition = ta.crossover(close, ema200)
sellCondition = ta.crossunder(close, ema200)
// Plot signals
plot(ema200, title="EMA 200", color=color.blue, linewidth=2)
plotshape(buyCondition, location=location.belowbar, color=color.green, style=shape.labelup, title="BUY")
plotshape(sellCondition, location=location.abovebar, color=color.red, style=shape.labeldown, title="SELL")
// Alerts
alertcondition(buyCondition, title="Buy Signal", message="Gold Buy Signal")
alertcondition(sellCondition, title="Sell Signal", message="Gold Sell Signal")
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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.