OPEN-SOURCE SCRIPT
Moving Average Buy/Sell Indicator
Using a selected Exponential Moving Average (EMA)/Simple Moving Average (SMA) range, this indicator inserts a Long/Short (buy/sell) indicator overlaid on chart depending on the following conditions:
- LONG/BUY SIGNAL = if SMA value is less than EMA, and both the SMA and EMA are less than the current average price.
- SHORT/SELL SIGNAL = if SMA value is greater than EMA, and both the SMA and EMA are greater than the current average price.
**Intended for use with the 21 and 34 weekly moving average time range. Much more useful for long-term analysis rather than short-term analysis.**
- LONG/BUY SIGNAL = if SMA value is less than EMA, and both the SMA and EMA are less than the current average price.
- SHORT/SELL SIGNAL = if SMA value is greater than EMA, and both the SMA and EMA are greater than the current average price.
**Intended for use with the 21 and 34 weekly moving average time range. Much more useful for long-term analysis rather than short-term analysis.**
Skrip sumber terbuka
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Skrip sumber terbuka
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.