Pritesh-StocksDeveloper

Moving Average - Intraday

Moving Average Intraday Strategy

Basic moving average strategy purpose built for intraday trading. It uses two simple moving averages & takes a positions on crossover.
Position is reversed when signal changes by using double quantity. Once the intraday session is over & if the position is open; it is squared off.
Users can define intraday session during which the strategy will run.

Parameters:
  • Intraday Session - Defines the duration for which the strategy should execute.
  • Short Term Moving Average Period
  • Long Term Moving Average Period
Release Notes: Upgrade to Pine Script Version 5

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

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