OPEN-SOURCE SCRIPT
Simple 17 Indicator BF
This is an indicator version of my Simple 17 script.
The rules are simple, when the price closes after crossing above the MA, we have a long signal. When the price closes after crossing below the MA we have a short signal.
I have set up alerts that fire upon these crosses, one for long, one for short.
The rules are simple, when the price closes after crossing above the MA, we have a long signal. When the price closes after crossing below the MA we have a short signal.
I have set up alerts that fire upon these crosses, one for long, one for short.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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