OPEN-SOURCE SCRIPT

Noro's TrendMA Strategy

9 107
The strategy uses 2 moving averages. Fast and slow. SMA or EMA - the user can select. Moving averages are needed to identify the direction of the trend.

Trend
If both moving averages are directed upwards, it 's uptrend.
If both moving averages are pointing down, it 's downtrend.
If the moving averages are directed in different directions, the trend has not changed.

Background
Lime color is uptrend.
Red color is downtrend.
By default, background display is disabled, but you can enable it in script settings.

Trading
If uptrend (lime background) - open long position (and close short position)
If downtrend (red background) - open short position (and close long position)
Reverse trading, no stop-loss and take-profit
Short positions can be removed and only long positions can be traded.

For
- crypto/USD (XBT/USD, ETH/USD, etc)
- timeframes: 1h, 4h, 1d

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.