This Script provides the 50 and 200 day moving average to provide a way to keep track of the classic Death Cross and Golden Cross. The 20 day moving average is just used as an early prediction of what the 50 day may do so you can keep and eye on it. If you are the kind of person that freaks out at sudden changes in the graphs it is probably best to just turn the...
The Golden Cross is one of the simplest market indicator who helps long term investors to entry a position.
With that in mind, I made a very easy to understand backtest showing how much we could earn if we entered in a Golden Cross and exit when Death Cross happening.
Take this code and try in your favorite market.
Of course, never use only this indicator to trade.
Updated from version 10.4 to version 12
Feel free to use this. I made this for my own strategy and to make my life easier spotting entries. I'm still currently learning pine script so it's not perfect. Currently the exits are based on trend reversal (not recommended) so I suggest you pick your own exits and bank those pips.
Criteria; (Tested on these...
Update - You can Switch DFMA_Arrow (Different type Resolution and SMA Length)
// @version=2
// Copyright @ ALEX SHORT
// Indicator Name : Contralian Scalping Entry Support
// alpha tester : Norakichi senpai (Santa Prop Norakichi senpai)
// Special Thanks WBZ Trading Group
// This indicator support "Contralian Scalping Entry" and "Find ideal Take-Profit point...
Honeybee59-stock for TradingView gives you abilities to see the stories hiding in the graphs of stocks. It counts CC59 and creates respectable support and resistance levels as well as marks and reminds you about important parameters that are happening in the graph so that you will not forget to consider them before placing orders. This set of tools is a...
One no-fuss indicator for SMA for 6 different time period (10, 20, 50, 100, 200, 250), styled with sharp and thin line for shorter time period to light-coloured and wide line for longer time period.
Its a graph for detecting the SMA cross points.
When short SMA crosses the long SMA downside up it may be a buy signal and the opposite is may be a sell signal.
I was checking the formula of built-in " cci " function and decided to publish a more customizable version of the Commodity Channel Index, so you can play with levels and a bunch of different sources.
If someone doesn't know what is this:
This indicator was originally developed by Donald R. Lambert ( "Commodities" magazine, 1980) to identify cyclical or...
50, 100, and 200 simple moving averages in a single indicator. Fixed versions published by other members where 100 and 200 were plotted incorrectly and overlaying each other. Also removed close plot.
