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sixpathssenin
26 mar 2021 02:48

Simple Moving Average Crossover 

INDUSIND BANK LTDNSE

Beskrivning

This strategy uses two moving averages of 21 and 8 to generate buy or sell signal.

This is for purely intraday trades and best use in 15 min time frame

This strategy uses angle/slope of ma to filter out period of sideways movement and only generate signals when the stock starts trending in one direction


How to use this

1) Buy when the buy is generated

2) Sell when the sell is generated

Properties you can tweak to adjust this strategy to your needs are

1) angle -> Adjust this properties to define how much slope would be considered to generate the signals, higher the values lesser the trades generated.

2) atr period-> this is to adjust the atr period

3) ma source -> close is considered as source , you can use open or high or low

Versionsinformation

Long means BUY
short means SELL

Versionsinformation

just updated
Kommentarer
Sari_SSC
what does long and short stand for?
sixpathssenin
@sarisaiadi1234, long means buy and short means sell
Sari_SSC
@sixpathssenin, thank you so much! Amazing work!! I wish i got your talent! Keep it up!!
sixpathssenin
@sarisaiadi1234, thank you for the kind words. well you've got talent I don't have, So Cheers!!!!
Magnum-Trading
@sarisaiadi1234, Don't use this script to trade if you don't know what long and short is. This is serious advise.
ankitwarade023
Amazing👍👍👍👍👍👍
sixpathssenin
@ankitwarade023, thanks bro
AminAkmali1
Tnx , I have a question, what are red and green colors mean ?!
drjohnthomas69
Amazing work, thanks a ton. How does it work on nifty futures .
williamho8
Hi, can i get some advise on what is meant by drawdown, equity, buy & hold, and absolute in this script?
Mer