OPEN-SOURCE SCRIPT
ma 20 high-low
This is a simple 20-period high and low SMA strategy. We buy the stock when it closes above the 20 period SMA of high prices and sell when it closes below it. We sell when the price closes below 20 period SMA of low prices. This strategy works phenomenally well for a few stocks examples are bajaj finance and bajaj finserv. I want to see if it makes a good return in future. It works well for 30 mins and a daily time frame.
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.