PROTECTED SOURCE SCRIPT
Multi MA Cross Signals
Summary
This script provides a comprehensive view of key medium and long-term moving averages, designed to identify significant trend changes and shifts in market momentum. It plots four essential moving averages for price and generates clear, actionable signals based on both price and volume crossovers.
The primary goal is to visualize the well-known "Golden Cross" and "Death Cross" signals using a 50-day EMA and 200-day SMA, while also incorporating volume analysis to confirm the strength of a potential move.
Features
Four Key Moving Averages:
50-day Price EMA (Yellow): Tracks short-to-medium term trend momentum.
50-day Price SMA (Green): Provides a baseline for the 50-day period.
100-day Price SMA (Blue): Offers a medium-term trend perspective.
200-day Price SMA (Orange): Represents the long-term trend benchmark.
Price Crossover Signals (Trend Change):
B1 (Buy Signal): A "B1" label appears below the price bar when the 50-day Price EMA crosses above the 200-day Price SMA. This is a classic bullish signal, often called a "Golden Cross," indicating a potential shift to a long-term uptrend.
D1 (Sell Signal): A "D1" label appears above the price bar when the 50-day Price EMA crosses below the 200-day Price SMA. This is a classic bearish signal, often called a "Death Cross," suggesting a potential shift to a long-term downtrend.
Volume Crossover Signals (Momentum Confirmation):
B2 (Volume Spike Signal): A "B2" label appears below the price bar when the 50-day Volume EMA crosses above the 100-day Volume SMA, indicating a significant increase in trading activity that can support a new trend.
D2 (Volume Drop Signal): A "D2" label appears above the price bar when the 50-day Volume EMA crosses below the 100-day Volume SMA, suggesting waning interest or momentum.
How to Use
Identify Trend Direction: Use the B1 (bullish) and D1 (bearish) signals as primary indicators for potential long-term trend reversals.
Confirm with Volume: Look for a B2 signal to appear shortly after a B1 signal to confirm that the new uptrend is supported by rising volume. Conversely, a D2 signal can add conviction to a D1 bearish cross.
General Analysis: Use the four moving averages as dynamic levels of support and resistance to complement your trading strategy.
This script provides a comprehensive view of key medium and long-term moving averages, designed to identify significant trend changes and shifts in market momentum. It plots four essential moving averages for price and generates clear, actionable signals based on both price and volume crossovers.
The primary goal is to visualize the well-known "Golden Cross" and "Death Cross" signals using a 50-day EMA and 200-day SMA, while also incorporating volume analysis to confirm the strength of a potential move.
Features
Four Key Moving Averages:
50-day Price EMA (Yellow): Tracks short-to-medium term trend momentum.
50-day Price SMA (Green): Provides a baseline for the 50-day period.
100-day Price SMA (Blue): Offers a medium-term trend perspective.
200-day Price SMA (Orange): Represents the long-term trend benchmark.
Price Crossover Signals (Trend Change):
B1 (Buy Signal): A "B1" label appears below the price bar when the 50-day Price EMA crosses above the 200-day Price SMA. This is a classic bullish signal, often called a "Golden Cross," indicating a potential shift to a long-term uptrend.
D1 (Sell Signal): A "D1" label appears above the price bar when the 50-day Price EMA crosses below the 200-day Price SMA. This is a classic bearish signal, often called a "Death Cross," suggesting a potential shift to a long-term downtrend.
Volume Crossover Signals (Momentum Confirmation):
B2 (Volume Spike Signal): A "B2" label appears below the price bar when the 50-day Volume EMA crosses above the 100-day Volume SMA, indicating a significant increase in trading activity that can support a new trend.
D2 (Volume Drop Signal): A "D2" label appears above the price bar when the 50-day Volume EMA crosses below the 100-day Volume SMA, suggesting waning interest or momentum.
How to Use
Identify Trend Direction: Use the B1 (bullish) and D1 (bearish) signals as primary indicators for potential long-term trend reversals.
Confirm with Volume: Look for a B2 signal to appear shortly after a B1 signal to confirm that the new uptrend is supported by rising volume. Conversely, a D2 signal can add conviction to a D1 bearish cross.
General Analysis: Use the four moving averages as dynamic levels of support and resistance to complement your trading strategy.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.