OPEN-SOURCE SCRIPT
Script_Algo - High Low Range MA Crossover Strategy

🎯 Core Concept
This strategy uses modified moving averages crossover, built on maximum and minimum prices, to determine entry and exit points in the market. A key advantage of this strategy is that it avoids most false signals in trendless conditions, which is characteristic of traditional moving average crossover strategies. This makes it possible to improve the risk/reward ratio and, consequently, the strategy's profitability.
📊 How the Strategy Works
Main Mechanism
The strategy builds 4 moving averages:
Two senior MAs (on high and low) with a longer period
Two junior MAs (on high and low) with a shorter period
Buy signal 🟢: when the junior MA of lows crosses above the senior MA of highs
Sell signal 🔴: when the junior MA of highs crosses below the senior MA of lows
As seen on the chart, it was potentially possible to make 9X on the WIFUSDT cryptocurrency pair in just a year and a half. However, be careful—such results may not necessarily be repeated in the future.
Special Feature
Position closing priority ❗: if an opposite signal arrives while a position is open, the strategy first closes the current position and only then opens a new one
⚙️ Indicator Settings
Available Moving Average Types
EMA - Exponential MA
SMA - Simple MA
SSMA - Smoothed MA
WMA - Weighted MA
VWMA - Volume Weighted MA
RMA - Adaptive MA
DEMA - Double EMA
TEMA - Triple EMA
Adjustable Parameters
Senior MA Length - period for long-term moving averages
Junior MA Length - period for short-term moving averages
✅ Advantages of the Strategy
🛡️ False Signal Protection - using two pairs of modified MAs reduces the number of false entries
🔄 Configuration Flexibility - ability to choose MA type and calculation periods
⚡ Automatic Switching - the strategy automatically closes the current position when receiving an opposite signal
📈 Visual Clarity - all MAs are displayed on the chart in different colors
⚠️ Disadvantages and Risks
📉 Signal Lag - like all MA-based strategies, it may provide delayed signals during sharp movements
🔁 Frequent Switching - in sideways markets, it may lead to multiple consecutive position openings/closings
📊 Requires Optimization - optimal parameters need to be selected for different instruments and timeframes
💡 Usage Recommendations
Backtest - test the strategy's performance on historical data
Optimize Parameters - select MA periods suitable for the specific trading instrument
Use Filters - add additional filters to confirm signals
Manage Risks - always use stop-loss and take-profit orders.
You can safely connect to the exchange via webhook and enjoy trading.
Good luck and profits to everyone!!
This strategy uses modified moving averages crossover, built on maximum and minimum prices, to determine entry and exit points in the market. A key advantage of this strategy is that it avoids most false signals in trendless conditions, which is characteristic of traditional moving average crossover strategies. This makes it possible to improve the risk/reward ratio and, consequently, the strategy's profitability.
📊 How the Strategy Works
Main Mechanism
The strategy builds 4 moving averages:
Two senior MAs (on high and low) with a longer period
Two junior MAs (on high and low) with a shorter period
Buy signal 🟢: when the junior MA of lows crosses above the senior MA of highs
Sell signal 🔴: when the junior MA of highs crosses below the senior MA of lows
As seen on the chart, it was potentially possible to make 9X on the WIFUSDT cryptocurrency pair in just a year and a half. However, be careful—such results may not necessarily be repeated in the future.
Special Feature
Position closing priority ❗: if an opposite signal arrives while a position is open, the strategy first closes the current position and only then opens a new one
⚙️ Indicator Settings
Available Moving Average Types
EMA - Exponential MA
SMA - Simple MA
SSMA - Smoothed MA
WMA - Weighted MA
VWMA - Volume Weighted MA
RMA - Adaptive MA
DEMA - Double EMA
TEMA - Triple EMA
Adjustable Parameters
Senior MA Length - period for long-term moving averages
Junior MA Length - period for short-term moving averages
✅ Advantages of the Strategy
🛡️ False Signal Protection - using two pairs of modified MAs reduces the number of false entries
🔄 Configuration Flexibility - ability to choose MA type and calculation periods
⚡ Automatic Switching - the strategy automatically closes the current position when receiving an opposite signal
📈 Visual Clarity - all MAs are displayed on the chart in different colors
⚠️ Disadvantages and Risks
📉 Signal Lag - like all MA-based strategies, it may provide delayed signals during sharp movements
🔁 Frequent Switching - in sideways markets, it may lead to multiple consecutive position openings/closings
📊 Requires Optimization - optimal parameters need to be selected for different instruments and timeframes
💡 Usage Recommendations
Backtest - test the strategy's performance on historical data
Optimize Parameters - select MA periods suitable for the specific trading instrument
Use Filters - add additional filters to confirm signals
Manage Risks - always use stop-loss and take-profit orders.
You can safely connect to the exchange via webhook and enjoy trading.
Good luck and profits to everyone!!
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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.