OPEN-SOURCE SCRIPT
MA Strength Strategy
This is based on Aligned Moving Average Index published earlier:
But, instead of scoring trend based on how many moving averages are aligned, we are considering upside score. Higher scores are assigned for slower moving averages and lower scores for faster moving averages to give more stress to long term trend.
Buy/Sell conditions are based on moving average crossover on the upside score sum of Loopback days.
This is a very rough idea which seems to have been working ok on long only trades. Can be further improved.
But, instead of scoring trend based on how many moving averages are aligned, we are considering upside score. Higher scores are assigned for slower moving averages and lower scores for faster moving averages to give more stress to long term trend.
Buy/Sell conditions are based on moving average crossover on the upside score sum of Loopback days.
This is a very rough idea which seems to have been working ok on long only trades. Can be further improved.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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