OPEN-SOURCE SCRIPT

Swing Trading SPX Correlation

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This is a long timeframe script designed to benefit from the correlation with the Percentage of stocks Above 200 moving average from SPX

At the same time with this percentage we are creating a weighted moving average to smooth its accuracy.

The rules are simple :
If the moving average is increasing its a long signal/short exit
If the moving average is decreased its a short signal/long exit.


Curently the strategy has been adapted for long only entries.


If you have any questions let me know !

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.