algozinitech

MA Cross - MTF AZT

Strategy Premise

This is a simple Moving Average crossover strategy. If the fast MA crosses above the slow MA, buy and if the fast MA crosses below the slow MA, sell.

Strategy Logic

Long Entry: When MA fast > MA slow, send LE

Long Exit: Either when SL or Target is hit. If SL/TGT is not hit, and MA fast < MA slow, send LX and SE

Short Entry: When MA fast < MA slow, send SE

Short Exit: Either when SL or Target is hit. If SL/TGT is not hit, When MA fast > MA slow, send SX and LE

MA Cross Parameters for TradingView Charts

MA Type: Choose whether to use EMA, SMA, WMA, Linear, RMA, VWMA

MA Source: Source for the moving average

Fast MA: Length of fast MA to calculate

Slow MA: Length of slow MA to calculate

Quantity: This is used to specify the trade quantity

Custom Stop Loss in Points: Movement in chart price against the momentum which will trigger exit

Setting Up Alert

Before setting up an alert make sure that You have selected the desired script, timeframe, strategy settings, API bridge is configured and running. Click in settings add alert and paste {{strategy.order.comment}} in the message box.

Important: do not change any settings during live trading.
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This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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