photoshopking

Golden Cross

How this script is different from currently published ones?
This script does not show the SMA 200 and SMA 50 lines. It simply shows a label exactly where the golden crosses occur with a vertical line.

How to use it?
When you see a green golden cross up, you can take a long position, but then watch out for bearish breakouts in the uptrend
When you see a red golden cross down, you can take a (short) sell position, but then watch out for bullish breakouts in the downtrend

Which markets it's meant for?
It's meant for the stock market, but can be used in any market where time and price are on the x and y axis respectively.

Under which conditions?
You can use it in any conditions. And may prove to be effective on 1 minute or even 1 day candle time frames. The example provided shows how it was incredibly effective to provide a buy signal for ACY the day before it had it's first 1000% jump.
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact photoshopking for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Send me an e-mail at crosel@me.com or send me a message on my instagram, crosel1

Want to use this script on a chart?

Warning: please read before requesting access.