OPEN-SOURCE SCRIPT
Simple Stock Strategy
This is a simple and easy to use strategy for low-volatility stocks. It prints a BUY or SELL signal to alert you that certain conditions have been met. I use it as a time saver to help identify which charts I need to look at. You can adjust the inputs and properties to suit your needs. I would suggest allowing two or three orders.
BUY Signals
MACD Above 0
SMA Cross
Big Green Candles
SELL Signals
Profit Target %
Stop Loss %
BUY Signals
MACD Above 0
SMA Cross
Big Green Candles
SELL Signals
Profit Target %
Stop Loss %
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.