OPEN-SOURCE SCRIPT
Custom MA Crossover with Labels
How it works:
Moving Averages: The script uses two simple moving averages (SMA) with user-defined periods (default: 10 and 100). These periods can be adjusted through the inputs.
Buy and Sell Signals: The script checks for crossover (buy) and crossunder (sell) conditions between the short and long moving averages. If a crossover happens, a "BUY" label is placed, and if a crossunder happens, a "SELL" label is placed.
User-defined UTC Time Window: The user specifies a time range in UTC (start and end time). The labels for "BUY" and "SELL" will only be valid and displayed if they occur during this user-defined time window.
Price Movement Labels:
If the price increases by 100 points from the last "BUY" entry, a "+100" label will be displayed.
Similarly, if the price increases by 50 points from the last "BUY" entry but less than 100 points, a "+50" label will be displayed.
If the price decreases by 100 points from the last "SELL" entry, a "-100" label will be shown.
If the price decreases by 50 points from the last "SELL" entry but less than 100 points, a "-50" label will be shown.
Label Colors:
Green for "BUY", and Red for "SELL".
The price change labels (+100, +50, -100, -50) are also color-coded accordingly.
Time Condition: Labels will only appear if the current time is within the defined UTC time window, giving you control over when the signals are valid.
Moving Averages: The script uses two simple moving averages (SMA) with user-defined periods (default: 10 and 100). These periods can be adjusted through the inputs.
Buy and Sell Signals: The script checks for crossover (buy) and crossunder (sell) conditions between the short and long moving averages. If a crossover happens, a "BUY" label is placed, and if a crossunder happens, a "SELL" label is placed.
User-defined UTC Time Window: The user specifies a time range in UTC (start and end time). The labels for "BUY" and "SELL" will only be valid and displayed if they occur during this user-defined time window.
Price Movement Labels:
If the price increases by 100 points from the last "BUY" entry, a "+100" label will be displayed.
Similarly, if the price increases by 50 points from the last "BUY" entry but less than 100 points, a "+50" label will be displayed.
If the price decreases by 100 points from the last "SELL" entry, a "-100" label will be shown.
If the price decreases by 50 points from the last "SELL" entry but less than 100 points, a "-50" label will be shown.
Label Colors:
Green for "BUY", and Red for "SELL".
The price change labels (+100, +50, -100, -50) are also color-coded accordingly.
Time Condition: Labels will only appear if the current time is within the defined UTC time window, giving you control over when the signals are valid.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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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.