Moving Average Crossover + Candlestick Confirmation

hier

This script uses two customizable moving averages (Short MA and Long MA) to generate clear Buy and Sell signals based on crossovers. When the Short MA crosses above the Long MA, a Buy Signal is triggered, and when the Short MA crosses below the Long MA, a Sell Signal is triggered.

Features include:

Customizable moving average lengths for precise tuning.
Visual Buy (green) and Sell (red) labels on the chart.
Optional background color highlighting for trend changes.
Alert conditions for Buy and Sell signals, allowing for real-time notifications.
Ideal for traders who want a simple and reliable moving average crossover strategy!

hier

Notes de version

This indicator displays Buy and Sell signals based on the crossover of two moving averages—one short-term and one long-term. The signals are clearly marked on the candlesticks for easy identification of potential entry and exit points.

Key Features:
Moving Averages:

Short Moving Average: Default period of 20 (customizable).
Long Moving Average: Default period of 50 (customizable).
Buy/Sell Signals:

Buy Signal: Triggered when the short MA crosses above the long MA (bullish crossover).
Sell Signal: Triggered when the short MA crosses below the long MA (bearish crossover).
Signals are marked directly on the candlesticks with:
Green "BUY" labels below candles.
Red "SELL" labels above candles.
Alerts:

Custom alerts for Buy and Sell signals, ensuring you don’t miss any crossover.
Customizable:

Easily adjust the moving average lengths to fit your trading strategy.
How to Use:
Add the script to your chart.
Look for "BUY" labels below the candles to consider entering a long position.
Look for "SELL" labels above the candles to consider exiting or entering a short position.
This indicator is simple yet effective for spotting trend reversals or continuation patterns using moving average crossovers. Perfect for traders looking for a clean and straightforward strategy