tux

TUX 4 MA

This indicator uses the 21, 55, 100 and 200 SMA .

Strategy:
When the 21 SMA crosses the 55 and 100 SMA it creates either a buy or sell symbol dependent on which way it crossed.
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study(title="TUX 4 MA", shorttitle="TUX 4 MA", overlay=true)
len = input(21, minval=1, title="SMA 1")
src = input(close, title="Source")
out = sma(src, len)
plot(out, color=green, title="SMA 1")


len1 = input(55, minval=1, title="SMA 2")
out1 = sma(src, len1)
plot(out1, color=orange, title="SMA 2")

len2 = input(100, minval=1, title="SMA 3")
out2 = sma(src, len2)
plot(out2, color=red, title="SMA 3")

len3 = input(200, minval=1, title="SMA 4")
out3 = sma(src, len3)
plot(out3, color=blue, title="SMA 4")

macrossabove = out < close and cross(close,out2) and out2 < close and out2 > close[1] 
macrossbelow = out > close and cross(close,out2) and out2 > close and out2 < close[1] 

plotshape(macrossabove, color=green, style=shape.arrowup, text="Buy", location=location.belowbar)
plotshape(macrossbelow, color=red, style=shape.arrowdown, text="Sell", location=location.abovebar)
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Reply
tux r.d.b.solutionz
a year ago
No problem! Let me know how it works for you / any suggestions.
Reply
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