OPEN-SOURCE SCRIPT
Updated Multi MA MTF SandBox Strategy
A moving averages SandBox strategy where you can experiment using two different moving averages (like KAMA, ALMA, HMA, JMA, VAMA and more) on different time frames to generate BUY and SELL signals, when they cross.
Great sandbox for experimenting with different moving averages and different time frames.
== How to use ==
We select two types of moving averages on two different time frames (or the same time frame):
First is the FAST moving average that should be at the same time frame or higher.
Second is the SLOW moving average that should be on the same time frame or higher.
== Buy and Sell Signals ==
When FAST moving average cross over the SLOW moving average we have a BUY signal (for LONG)
When FAST moving average cross under the SLOW moving average we have a SELL signal (for SHORT)
WARNING: Using a lower time frame than your chart time frame will result in unrealistic results in your backtesting and bar replay.
== NOTES ==
You can select BOTH, LONG, SHORT or NONE in the strategy settings.
You can also enable Stop Loss and Take Profit.
More sandboxes to come, Follow to get notified.
Like if you like and Enjoy!
Can also act as indicator by setting 'What trades should be taken' to 'NONE':
Great sandbox for experimenting with different moving averages and different time frames.
== How to use ==
We select two types of moving averages on two different time frames (or the same time frame):
First is the FAST moving average that should be at the same time frame or higher.
Second is the SLOW moving average that should be on the same time frame or higher.
== Buy and Sell Signals ==
When FAST moving average cross over the SLOW moving average we have a BUY signal (for LONG)
When FAST moving average cross under the SLOW moving average we have a SELL signal (for SHORT)
WARNING: Using a lower time frame than your chart time frame will result in unrealistic results in your backtesting and bar replay.
== NOTES ==
You can select BOTH, LONG, SHORT or NONE in the strategy settings.
You can also enable Stop Loss and Take Profit.
More sandboxes to come, Follow to get notified.
Like if you like and Enjoy!
Can also act as indicator by setting 'What trades should be taken' to 'NONE':
Release Notes
Updated line colors.Release Notes
Added time range support for strategy.Added line color change support.
Some Cleanup.
Release Notes
Update to pinescript 5Now you can enable stop loss and take profit separately.
Improved text and titles.
Code optimization.
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.
Appreciation of my work: paypal.me/dman103
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
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.
Appreciation of my work: paypal.me/dman103
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
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.