SoftKill21

Moving Average CROSSOVER MTF

This is a introductory strategy to the multi time frame approach.

In this example we are usign a cross over between 2 moving averages. In this case the trend decider(bigger timeframe 2h) and the actual chart ma (1h).

At the same time I applied an extra for MTF RSi calculation.


Rules are simple :

short on 1h -> we enter when we have a crossunder between 1h ma and 4h ma
we exit when we have a crossover between 1h ma and 4h ma

long on 1h -> we enter when we have a crossover between 1h ma and 4h ma
we exit when we have a crossunder between 1h ma and 4h ma



Warning : Due to the nature of the multiple time frame approach and security function for candle calculations, you can expect repainting issues.
So I recommend to use close of a candle confirmation or a manual approach instead using it as a study instead of strategy.

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.

Want to use this script on a chart?
My website: https://www.atraderlife.com/

Telegram group: https://t.me/atrader_life

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