OPEN-SOURCE SCRIPT
SIMPLE MOVING AVG 10,20,50,100,200 with RESOLUTION
This indicator is the best than all other sma indicators.Because in just one click you can change all the resolution /time frames for all the sma .
Multitime frame analysis can be done in just one click. just change the resolution to
15 min/30 min/1hr- if you intraday trader
1D- LONG TERM INVESTORS.
Multi-timeframe analysis (MTF) is a process in which traders can view the same ticker/indicator using a higher time frame than the chart’s, for example, displaying a daily moving average on a one-hour chart in just two clicks.
How to Use this to Buy Stocks ?
The technical indicator known as the Death cross occurs when the 50-day SMA crosses below the 200-day SMA => Bearish Signal.
An opposite indicator, known as the Golden cross, occurs when the 50-day SMA crosses above the 200-day SMA => Bullish Signal.
Crossovers are one of the main moving average strategies.
1st Strategy is the first type is a price crossover, which is when the price crosses above the sma => Buy signal
when the price crosses below the sma => Sell signal
2nd Strategy is to apply two moving averages to a chart: one longer and one shorter.
When the shorter-term MA (100) crosses above the longer-term MA (200), it's a buy signal, indicates trend is shifting up.
This is known as a "Golden cross."
Meanwhile, when the shorter-term MA (100) crosses below the longer-term MA (200), it's a sell signal, indicates trend is shifting down.
This is known as a "Dead/death cross."
The time frame or length you choose for a moving average, also called the "look back period," can play a big role in how effective it is.
An MA with a short time frame will react much quicker to price changes than an MA with a long look back period. In the figure below, the 20-day moving average more closely tracks the actual price than the 100-day moving average does.
A 20-day MA = more beneficial to a shorter-term trader, since it follows the price more closely.
A 100-day MA = more beneficial to a longer-term trader.
Moving averages work quite well in strong trending conditions but poorly in choppy or ranging conditions.
use this indicator along with Price action theory and not alone.
Moving average crossovers are a popular strategy for both entries and exits. MAs can also highlight areas of potential support or resistance
Happy Trading
Multitime frame analysis can be done in just one click. just change the resolution to
15 min/30 min/1hr- if you intraday trader
1D- LONG TERM INVESTORS.
Multi-timeframe analysis (MTF) is a process in which traders can view the same ticker/indicator using a higher time frame than the chart’s, for example, displaying a daily moving average on a one-hour chart in just two clicks.
How to Use this to Buy Stocks ?
The technical indicator known as the Death cross occurs when the 50-day SMA crosses below the 200-day SMA => Bearish Signal.
An opposite indicator, known as the Golden cross, occurs when the 50-day SMA crosses above the 200-day SMA => Bullish Signal.
Crossovers are one of the main moving average strategies.
1st Strategy is the first type is a price crossover, which is when the price crosses above the sma => Buy signal
when the price crosses below the sma => Sell signal
2nd Strategy is to apply two moving averages to a chart: one longer and one shorter.
When the shorter-term MA (100) crosses above the longer-term MA (200), it's a buy signal, indicates trend is shifting up.
This is known as a "Golden cross."
Meanwhile, when the shorter-term MA (100) crosses below the longer-term MA (200), it's a sell signal, indicates trend is shifting down.
This is known as a "Dead/death cross."
The time frame or length you choose for a moving average, also called the "look back period," can play a big role in how effective it is.
An MA with a short time frame will react much quicker to price changes than an MA with a long look back period. In the figure below, the 20-day moving average more closely tracks the actual price than the 100-day moving average does.
A 20-day MA = more beneficial to a shorter-term trader, since it follows the price more closely.
A 100-day MA = more beneficial to a longer-term trader.
Moving averages work quite well in strong trending conditions but poorly in choppy or ranging conditions.
use this indicator along with Price action theory and not alone.
Moving average crossovers are a popular strategy for both entries and exits. MAs can also highlight areas of potential support or resistance
Happy Trading
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。