OPEN-SOURCE SCRIPT
Swing Stock Market Multi MA Correlation
This is a swing strategy adapted to stock market using correlation with either SP500 or Nasdaq, so its best to trade stocks from this region.
Its components are
Correlation Candle
Fast moving average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA
Medium moving Average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA
Slow moving average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA
Rules for entry
Long: fast ma > medium ma and medium ma > slow ma
Short: fast ma< medium ma and medium ma < slow ma.
Rules for exit
We exit when we receive an inverse condition.
Caution:
This strategy use no risk management inside, so be careful with it .
If you have any questions, let me know !
Its components are
Correlation Candle
Fast moving average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA
Medium moving Average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA
Slow moving average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA
Rules for entry
Long: fast ma > medium ma and medium ma > slow ma
Short: fast ma< medium ma and medium ma < slow ma.
Rules for exit
We exit when we receive an inverse condition.
Caution:
This strategy use no risk management inside, so be careful with it .
If you have any questions, let me know !
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.
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
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.
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
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.