OPEN-SOURCE SCRIPT

Strategy - MA10 & MA20 Exact Crossover Strategy

Focused Entry on Crossover:

The long position is entered precisely when the 10-period moving average crosses above the 20-period moving average using the ta.crossover(ma10, ma20) condition.
This ensures the strategy only acts on the exact cross.
Exit on Crossunder:

The position is exited when the 10-period moving average crosses below the 20-period moving average, using the ta.crossunder(ma10, ma20) condition.
This keeps the strategy flat until the next crossover occurs.
Removed Additional Conditions:

The "surfing conditions" (price near moving averages, convergence) and momentum threshold are removed since they aren't relevant for exact crossover behavior.
Preserved Backtesting Date Range:

Trades are filtered to occur only within the specified start_date and end_date.
Preserved Visuals:

The 10-period and 20-period moving averages are plotted as ma10 (blue) and ma20 (red), providing clear visual confirmation of crossover events.
Trend Analysis

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.

Want to use this script on a chart?

Disclaimer