Overview of the Moving Average Crossover Strategy with Price Filter: Moving Averages:
Fast MA (10-period) and Slow MA (20-period) help track short-term and medium-term price trends. Buy Signal:
Occurs when the price closes above both MAs, indicating a strong uptrend. Alternatively, if the Fast MA crosses above the Slow MA, a buy signal is also triggered. The strategy avoids back-to-back buy signals (only triggered after a previous sell). Sell Signal:
Occurs when the price closes below both MAs, indicating a potential reversal or downtrend. Alternatively, if the Fast MA crosses below the Slow MA, a sell signal is also triggered. The strategy avoids back-to-back sell signals (only triggered after a previous buy). Signal Alternation:
The script ensures that a buy is only followed by a sell and vice versa to prevent excessive signals. Goal:
The strategy seeks to capture sustained trend movements by relying on both MA crossovers and price positioning relative to the moving averages. This strategy is designed for trend-following, reducing noise from false signals while ensuring clear entries and exits.
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 publications is governed by House rules. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.
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