OPEN-SOURCE SCRIPT
Updated SQV Cross
This strategy is used to find tickers that do well when SPY and QQQ are up and VIX is down. This uses EMA's on the user defined resolution to define direction of each ticker. Trades are entered upon crossover. EMAs are user defined as well.
Release Notes
Replaced the manual timeframe input with timeframe.period to use whichever timeframe the user is looking at. Left the original commented so you can look at diferent timeframes if you want to.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.
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.
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.