Here is a fundamental version of a moving average cross trading strategy that works on 1H and 4H timeframes.
It's very simple and would be well paired with proper and risk management.
I am looking to use this to alert me of potential setups. I could not get the alertcondition function to work properly. If anyone can help me with that please comment or message me.
//@version=2 strategy(shorttitle = "Gamma pips EMA Cross", title="MA Cross", overlay=true) s100sma = sma(close, 100) s200sma = sma(close, 200) s26ema = ema(close,26) s12ema = ema(close,12) plot(s100sma, color = green, linewidth = 5) plot(s200sma, color = blue, linewidth = 5) plot(s26ema, color = yellow, linewidth = 3) plot(s12ema, color = red, linewidth = 3) EMACross = plot(cross(s26ema, s12ema) ? s26ema : na, style = cross, linewidth = 5, color = red) SMACross = plot(cross(s100sma, s200sma) ? s200sma : na, style = cross, linewidth = 5, color = white) Alert = cross(s26ema, s12ema) alertcondition(Alert, title="EMA Crossing") //============ signal Generator ==================================// EMACrossover = crossover(s26ema, s12ema) //if yellow cross and is above red ->SELL EMACrossunder = crossunder(s26ema, s12ema) //if yellow cross and is below red ->BUY SMACrossover = crossover(s100sma, s200sma) //green crosses above blue ->Buy SMACrossunder = crossunder (s100sma, s200sma) //green crosses below below ->Sell price = close BuyCondition = (EMACrossunder) and (price >= s100sma) SellCondition = (EMACrossover) and (price <= s100sma) ///---------Buy Signal-------------/// if (BuyCondition) strategy.order("BUY ema crossunder", strategy.long) ///Short signal------// if(SellCondition) strategy.order("SELL ema crossover", strategy.short)
Did you find another solution yourself.
Greetings from Cork, love the flag btw.