Playing the cross — Indicator by Glenn234

For this script i used Kijun-sen from Ichimoku Cloud and Moving Average.

Kijun-sen is the base line of the Ichimoku Cloud or the midpoint price of the last 26 period.
Moving Average is a constantly updated average price of a given range.
In this script i used the standard Kijun-sen settings and the Moving Average, 55 length.

You will get an red or green signal when the lines cross each other.
Try the indicator yourself to see, why it could be useful.

A special thanks to @norok and @Vixtine for teaching me!
This will lead to more scripts from my side, since i really like to code and trade.

Release Notes:

Deleted some description texts.
Changed the colours: Red - Bearish, Green - Bullish.

Release Notes:

Changed the colors again.

Open-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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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