c00l75

Perfect signal by c00l75

--- CONCEPT - HOW IT WORKS ---

This script is based on moving average crossing lines (mirrored) with a signal line.

--- WHAT IS DIFFERENT FROM OTHER MA SCRIPTS ---

It's different in the formula for calculating the moving averages. Furthermore the length of the moving averages is deliberately not modifiable by user to avoid confusion in the beginner.

--- WHAT IS IT FOR? ---

It's a trend following script. I needed a script to catch signals for medium term trading (5-20 days) on > H4 TF with smooth lines but pretty quick signal, possibly easy to manage and "plug and play" for Forex market.

--- HOW TO USE IT? ---

Simply you have buy or sell signal looking at crossing lines. Signal line could be used to catch retracements.

--- WHERE SHOULD I USE IT? ---

At the moment I tested it only on Forex market with good results on H4 timeframe. Backtest it by yourself before using it.

Hope I can help someone else to have better trading time. Feel free to comment if you have questions.
Script protetto
Questo script è pubblicato con codice protetto, ma puoi comunque usarlo gratuitamente. Mettendolo tra i preferiti potrai applicarlo al grafico, senza però la possibilità di visualizzare o modificare il codice sorgente.
Vuoi usare questo script sui tuoi grafici?

Commenti

Hi, The study is interesting. Would you mind sharing the source code of the study. I would like to understand the study and check it to see if alerts can be generated in a different system. Thanks.
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