OPEN-SOURCE SCRIPT
Updated 3 Moving Average
Generic 3 moving average script with indicators
Release Notes
added some bands to the script to make it a little better. Release Notes
I told the script only to buy when the value is under the -1% mid value , then told it to only sell when the value of sell was above the 1% mid value. this seems to be working much better so I'm publishing the update. Release Notes
added stop losses for crossunder from short over mid, hmid or low mid Release Notes
- had some false positives on the uptrends showing sell symbols. Added (Not uptrend) to requirements for a sell signal to hit.
- increased range of mid (deadzone from 1% to 2%) this deadzone is used to create the sell indicators and buy indicators early.
- renamed script so I can see difference between this version and old version.
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.