SMA & EMA are two classical technical indicators.
SMA calculates the average price data, while EMA gives more weight to current data.
EMA gives a higher weighting to recent prices, while the SMA assigns an equal weighting to all values.
Directional Indication:
Useful Parameters & Settings:
Alert Message:
Type in the alert message as "{{strategy.order.alert_message}}"
How To Access, Setup, Integrate & Execute Live Alerts?
www.algome.in/post/h...lerts-on-tradingview
SMA calculates the average price data, while EMA gives more weight to current data.
EMA gives a higher weighting to recent prices, while the SMA assigns an equal weighting to all values.
Directional Indication:
- Enter LONG position when Short period MA crosses above Long period MA
- Enter SHORT position when Short period MA crosses below Long period MA
Useful Parameters & Settings:
- Set MA Type, Short & Long Periods, Source, Offset, Target, SL, Time Frame & many other values that best suits
- To trade on the Real-time bar, Go to Strategy Settings >> Properties >> Recalculate and select the "On Every Tick" option.
- Untick the "Signal Labels" option from Settings >> Style property window for a clean chart view.
Alert Message:
Type in the alert message as "{{strategy.order.alert_message}}"
How To Access, Setup, Integrate & Execute Live Alerts?
www.algome.in/post/h...lerts-on-tradingview