Its components are
Fast moving average to choose from , , (RMA), and
Medium moving Average to choose from , , (RMA), and
Slow moving average to choose from , , (RMA), and
Rules for entry
Long: fast ma > medium ma and medium ma > slow ma
Short: fast ma< medium ma and medium ma < slow ma.
Rules for exit
We exit when we receive an inverse condition.
This strategy use no risk management inside, so be careful with it .
If you have any questions, let me know !
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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.