PROTECTED SOURCE SCRIPT
Updated True Golden Cross by -Westy-
The “Golden Cross” of the 50 and 200 day SMA is not the most accurate combination profit-wise.
Testing of 1750 combinations over 300 years of data across 16 global markets revealed that the EMA produces better results than the SMA and the best settings are that of a 13 / 48 EMA Crossover.
Research credit to - etfhq.com/blog/2013/01/15/golden-cross-which-is-the-best/
Release Notes
The death cross is now red and the golden cross green to aid visibility.Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.