OPEN-SOURCE SCRIPT
Coding lesson 1
In the strategy of only 6 lines of a program code. It is less just not to make. This script is necessary for training, but not for trade. It isn't recommended to trade using this strategy.
If the price is higher than SMA with the period of 7 bars - to open a long position
If the price is lower than SMA with the period of 7 bars - to open a short position
If the price is higher than SMA with the period of 7 bars - to open a long position
If the price is lower than SMA with the period of 7 bars - to open a short position
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.