SeaSide420

4MA Strategy

Uses 4 Ma cross...
Double Hull Moving Averages
Volume Weighted Moving Average
Weighted Moving Average

<<<<< by SeaSide420 >>>>>>
Open-source script

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.

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.

Want to use this script on a chart?
//@version=2
//                                                    DoubleHullMA & VWMA & WMA combination  <<<<< by SeaSide420 >>>>>>
strategy("Multi-MA Strategy", overlay=true)
keh=input(title="Double HullMA",type=integer,defval=3, minval=1)
teh=input(title="Volume-Weighted MA",type=integer,defval=3, minval=1)
yeh=input(title="Base Weighted MA",type=integer,defval=75, minval=1)
rvwma=vwma(close,round(teh)),yma=wma(close,round(yeh)),n2ma=2*wma(close,round(keh/2)),nma=wma(close,keh)
diff=n2ma-nma,sqn=round(sqrt(keh)),n2ma1=2*wma(close[1],round(keh/2)),nma1=wma(close[1],keh)
diff1=n2ma1-nma1,sqn1=round(sqrt(keh)),n1=wma(diff,sqn),n2=wma(diff1,sqn)
b=n1>n2?lime:red,c=n1>n2?green:red,d=n1>rvwma?green:red,e=rvwma>yma?green:red
a1=plot(n1,color=c),a2=plot(n2,color=c),a3=plot(yma,color=e),vwma=plot(rvwma,color=d, linewidth = 2)
plot(cross(n1, n2) ? n1 : na, style = cross, color=b, linewidth = 3)
closelong = n1<n2 and n1>yma and n1<rvwma
if (closelong)
    strategy.close("Long")
closeshort = n1>n2 and n1<yma and n1>rvwma
if (closeshort)
    strategy.close("Short") 
longCondition = n1>n2 and strategy.opentrades<1 and n1<yma and n1>rvwma
if (longCondition)
    strategy.entry("Long",strategy.long)
shortCondition = n1<n2 and strategy.opentrades<1 and n1>yma and n1<rvwma
if (shortCondition)
    strategy.entry("Short",strategy.short)