OPEN-SOURCE SCRIPT

MA 5 average

1 569
This script displays two lines (orange line and white line) that are averages of five MAs.

●Display
1 hour chart
●Buy entry (Green↑)
Close price of an candlestick is above the two MAs.
●Early buy entry (purple↑)
Close price of an candlestick is above the orange line.
●Stop
Close price of an candlestick is below the orange line.
●Exit
Any (price action, etc.)

If you follow this script, the winning percentage will not be high because entry signs appear frequently.
However, I aim to increase profits by holding a position in the trend direction for a long time with a clear stop loss.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.