I have found that crossing above line under threshold 30 and exit on crossdown when above 30 has better results than just following crossovers of and , crossing above 30 .
fast is above slow (default 13 and 55 , you can change these values in settings)
cross above well beloe threshold level (default 30)
when cross down , well above on threshold level
Default is set to 8%
Take a look and let me know how your symbol works with this strategy
Note : Bar color changes to yellow when the BUY condition is met.
Bar color and Background color shows to blue --- if Long position is active
fast and long doesnt print on the chart -- please add manually to the chart
Warning : for the use of educational purposes only
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.