A strategy is to apply two moving averages to a chart, one longer and one shorter. When the shorter MA 50 day scrosses above the longer term MA 200 days it's a buy signal as it indicates the trend is shifting up.This is known as a "golden cross."
When the shorter MA crosses below the longer term MA it's a sell signal as it indicates the trend is shifting down....
This indicator predicts future moving average (SMA) values assuming the prices remains at configured level (-50% to +50%).
It can be used to predict golden/death crosses as well - when two of these indicators are on - one configured for length 50 and one for length 200.
Work in progress
- made the VWAP really small because it is only used on the shorter time frames, but it is nice to have at times
- BBands are great for showing me when to pay even more attention, when they are squeezing
Open to suggestions
Enjoy viewing multiple Exponential Moving Averages (EMA) on your chart? Want to use only one indicator to display up to 5 EMAs? Then you've come to the right place!
Configure and use up to 5 Exponential Moving Averages (EMA) using a single indicator.
Default lengths for the 5 EMAs are 10, 20, 50, 100, 200.
Length values, plot line colors and...
This is a simple trading strategy that seeks the Golden Cross and Death Cross on the 4HR chart. The fast moving indicator in this strategy is the EMA 50 and the slow moving indicator is the EMA 200. When the EMA 50 crosses over the EMA 200 the strategy indicates a buy. When the EMA 50 crosses below the EMA 200 the strategy indicates a sell. This strategy...