OPEN-SOURCE SCRIPT
Arch1tect's New Toy
Updated
Description:
Arch1tect's New Toy tries to predict market trends by simply utilising 2 moving averages crossovers.
How it works:
How to use:
Note:
Extra:
Arch1tect's New Toy tries to predict market trends by simply utilising 2 moving averages crossovers.
How it works:
- Buy signals are triggered when the faster MA crosses over the slower MA from the downside to the upside.
- Sell signals are triggered when the faster MA crosses under the slower MA from the upside to the downside.
How to use:
- Take buys when buy signal is triggered AND close existing sell position
- Take sells when sell signal is triggered AND close existing buy position
Note:
- Settings are optimised for XAUUSD on the M1 chart.
Extra:
- Alerts are included.
- You can toggle between EMA , WMA and SMA to your liking.
- Strategy Tester version:
Release Notes
Added plot line display for 2nd MARelease Notes
you can now choose different MA types for both MAsOpen-source script
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 publication is governed by House rules. You can favorite it to use it on a chart.
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Disclaimer
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