HMA Breakout Buy/Sell indicator for Scalping & Intraday - Shyam

Hi All,

This is a very simple indicator which provides the buy signal, when the moving average lines turns Green and sell signal, when the moving average signal turns red. This can be used for both intraday and scalping method with different timeframes. But best time frame is 5 minutes.

Buy Signal >>> Line turns GREEN (Use trailing SL to cover maximum profit)
Sell Signal >>> Line turns RED (Use trailing SL to cover maximum profit)
No trade >>> Line turns GRAY

Best timeframe >>> 5 minutes

Open-source script

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