We take the first long position when we have a buy signal in Weekly ( line crosses above Signal line). This open a trading window, showed with green background color
We close the first position when either Weekly or Daily give us a sell signal (( line crosses below Signal line))
Enable Profit and Stop in strategy settings with different percentage to backtest the strategy. Also if it is better to use a Traditional Stop Loss or a Trailing Stop Loss based on a percentage from low prices
Change resolution in settings for other time frames to test the strategy
This Strategy was tested on Crypto Market with good results in assets as BTC , ETH, BNB, ADA, LTC, XLM , BCH, among others
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.