bitcoin_bing

Simple Moving Average Strategy (@crypto_bing)

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WORK IN PROGRESS - USE WITH CAUTION

This script uses two moving averages to help identify when to enter/exit trades. The script works on all timeframes and is best used in trending markets.

Key:
  • Red cross = Exit positions / stay out of market
    Red up arrow = Weak buy signal
    Orange up arrow = Moderator buy signal
    Green up arrow = Strong buy signal

When not in trade consider easing in as buy signal strength increases.

When in trade consider easing out as buy signal strength decreases.

ALWAYS USE RISK MANAGEMENT AND REMEMBER TO TAKE PROFITS
Release Notes: Add alert conditions. See https://blog.tradingview.com/en/alerts-i... for more information.
Release Notes: Add plot titles.
Release Notes: SCRIPT DEPRECATED
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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